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1341  Economy / Gambling discussion / Re: Why is gambling so addicting? on: August 27, 2016, 10:19:11 AM
Gambling is so addictive because it gives you a feeling that money can be earn fast without doing any hard work. You already witness that there are others who got rich because of gambling and you are hoping also that one day you will hit the jackpot and then you can live happily ever after doing want you want. You have all the time in the world enjoying and you can get rid of your boss if you are already working. Others view gambling as get rich quick scheme that's why they always come back hoping to make it big and in turn when they lose it, they lose it big also because they become greedy and hoping to get back what they lose. If you can't control yourself when gambling then avoid gambling as much as possible because you might lose not only money but may also destroy your relationship with your family, relatives and friends as well.
1342  Economy / Economics / Re: How to earn money with bitcoin ? on: August 27, 2016, 08:41:39 AM
Bitcoin is money so same as what you do when you wanted to earn fiat then you can also do when you wanted to earn bitcoin. You can offer services that you can do in exchange of bitcoin. Here in the forum there is a lot here who wanted the services of others. You can do trading, gambling or even make a business where you received and pay bitcoin. Just looking at the different board in this forum you will have an idea on how to earn. Important thing is that you work hard for it and you don't scam people just to earn because what goes around comes around.
1343  Economy / Gambling discussion / Re: do you can control your self when playing gambling? on: August 27, 2016, 07:59:37 AM
I can easily say that yes I can control myself now but then base on my experience at first when I tried to gamble, no I don't. I tried to gamble because others are earning big from it so I was enticed to try it to. At first I deposited a small amount just to try it and then I am consecutively winning that my profit is already twice my capital so I just continue betting hoping to get more profit and then it hit me, I have consecutive losses until such time that my deposit are all depleted. I am getting emotional at the moment and then I deposited a bigger amount hoping to get back what I lose and then lose it again. I can't control myself anymore until all available funds that is not suppose to be for gambling was already deposited and I lose it again. After all my available funds were lost, that's the time I realized how stupid I am being greedy and all and then I learned my lesson. It is easy to say that this is the amount I will gamble today but then when you are already in the situation where you are almost done and reached your target profit and then you have consecutive losses, it's really hard to control yourself. So what I do is that I just avoid gambling because I don't trust myself when I am in that situation again.
1344  Economy / Gambling discussion / Re: What is your gambling strategy on: August 27, 2016, 07:34:21 AM
First thing I do when I plan to gamble is that I already set an amount which is my target profit and then when it is reach I immediately will just stop. I will not let greed get in my head because the time when I do that then I know I will be burned because I will not be contented with what I earn cause I wanted more. I will also set an amount with how much lose I can take and then when it is reach also I will stop for the day and I will not try to get back to the game and then gamble again because I might not be able to stop myself and all my funds will be depleted. Gambling should be viewed as for fun or entertainment only not something like a get rich quick way because you might be able to gamble the money you cannot afford to lose if you view it that way.
1345  Bitcoin / Bitcoin Discussion / Re: Bitcoin can disappear? on: August 27, 2016, 06:27:36 AM
With the current progress now, it is already hard to see bitcoin will disappear. It will only disappear if people will stop using it but what I see now the demand of bitcoin is increasing as we are in the progressive stage to reach a massive adoption in the future.

It may disappear because nothing is really permanent in here but with the current state of bitcoin, I think it won't disappear unless another cryptocurrency will be created that will be more useful than bitcoin and people will choose to adopt it instead of bitcoin. For now, bitcoin is getting popular attracting more users and investors because the services and goods offered in exchange of bitcoin is slowly increasing that's why more people are getting involved and aware of the existence of bitcoin.

1346  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: August 25, 2016, 07:10:14 PM
Is their any safe methods to gamble? Means without losing much of our money can gamble?

Any tips or suggestions?

I think the way not to lose that much money in gambling is to control yourself especially if you are losing. Thinking ahead of what you will do in times when you are winning or losing. Thinking of your goals or target profit and then making sure that when you achieve it you will already stop for the day and do not be greedy. Do not bet all your funds in just one roll or round so that you can spread the risk and in times when you are losing then there is a chance you can win back what you lose because you still have available funds for another round. As much as possible, gambling should be viewed as for entertainment or for fun because once the mentality of the gambler is to make gambling as your way to being rich then there is a possibility that you will lose because you will become greedy and you will not be contented of what you won because you always wanted more.
1347  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: August 25, 2016, 06:29:36 PM
I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

What I can understand base in your statements above is that you are asking about high risk investments being considered as gambling not the other way around which is your subject - gambling be considered as high risk investment. So to answer your question base on what I understand, the time you put money into something with the hope of getting something in return is an investment so as gambling. High risk investments can be considered as gambling because like investing in stock market, you are still not sure what will the outcome be. I will just share what Peter Lynch said:"An investment is simply a gamble in which you've managed to tilt the odds in your favor."
1348  Bitcoin / Bitcoin Discussion / Re: BTC Business Ideas? on: August 25, 2016, 05:54:39 PM
Make a site that will offer products or services that will cater the costumers daily needs and payable in bitcoin. Connect with the supermarkets or companies in different places or countries so that your customers will be worldwide and not just limited to your area. Propose to the companies your business model and get as many companies as possible as your business partners. Example of this maybe groceries,utility bills,mobile recharge, flight tickets,or discount vouchers.
1349  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: August 25, 2016, 05:41:08 PM
The problem with some people who gamble is that they treat gambling as their way to get rich. Some people may be able to do it because they were really lucky and they know how to stop and not be greedy.While others who were not so lucky lose a lot because they can't control themselves.Gambling should be viewed as for entertainment only if people wanted not be burned by it. Gambling has been created for entertainment purposes since time immemorial so it should be viewed that way if people want it to be a profitable activity with a stable strategy and definite purpose.
1350  Other / Off-topic / Re: Why do you have Bitcoin? on: August 25, 2016, 05:23:34 PM
I have bitcoin because aside from i earn money from this, i can use this also to buy things that i need and want. use this as a currency for the fast transactions and support my other things. It also make me have something to do rather than to sit infront of my computer,. atleast i do something usefull.

Thats right. before i also used to just waste my time sitting infront of computer by watching movies or just playing games but now i earn bitcoins in that free time i get so bitcoin really has given me a chance to do something useful in my extra time.

When I arrived from work before, I will immediately watch television or movies in the computer to pass the time. When I discovered bitcoin, I found a way to augment my meager income that may be one of the key to achieve some of my financial goals. Now I can use my extra time in earning extra income.I believe that what people do in their free time matters when it comes to being successful.
1351  Other / Off-topic / Re: Have you ever lost Bitcoin? on: August 25, 2016, 06:54:16 AM
I lost a lot with gambling from 3 months ago I think. That lost made me think to stop it also. I dont want that to happen again. I just want to earn faster but I didnt think first that it is too risky and losing have a lot more percentage than winning. Now, I am gamble free and wont look back there again.

I can relate with you mate. I thought that I can earn from gambling because of my consecutive wins and thought that if I deposit bigger then I would earn bigger. Because of my greediness, I lose it and then I keep coming back because I thought that somehow I would win back what I lose and I am getting really hype and then when I almost achieve my target profit, I would lose again.The cycle just continue and then I realize that I am losing more than winning and if I continue it, I would definitely lose all my funds so I decided to just totally stop visiting the site to restrain myself.
1352  Bitcoin / Bitcoin Discussion / Re: What is there to do with bitcoins these days ? on: August 25, 2016, 06:40:36 AM
Maybe gambling just for fun if you want to pass the time and maybe profit from it if you are lucky. Just be firm and focus with your purpose that you just want to gamble because you have some bitcoin you can afford to lose and if you are not lucky then you just get over it and moved on. You can also think of projects or sites that will let you earn bitcoin even though it maybe small but still you are earning.If you don't want to do anything then just store it in your wallet and wait for the price to increase but it would be better if you act and do something because I believe that hard work pays off.
1353  Bitcoin / Bitcoin Discussion / Re: NEW government Version of Bitcoin??? You have to read this crap! on: August 24, 2016, 06:54:33 PM
I believe that government are already thinking or doing something so that they can have a share of the bitcoin ecosystem. Bitcoin is a threat for them so if they can't do something about it then they would create a cryptocurrency that they can control and may be convince people that this cryptocurrency should be the one they are using. As for bitcoin maybe they will create some conspiracy or something that will convince people especially those that do not really know the nature of it that it is something bad or shady so people will have doubts in using it.
1354  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: August 24, 2016, 10:14:52 AM
According to Mr. Wiki, "Gambling is the wagering of money or something of value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods." So I think trading is still a type of gambling since you still don't know the outcome of a pair you trade on even though you have speculation already of where the price will go depending on your strategy but still uncertain. Unlike in pure gambling where you will depend purely on luck and you can't control your money or losses because it's either win or lose all but in trading, you can set a certain price to cut your losses in case the price will not go in your favor.
1355  Economy / Economics / Re: Soo, I'm planning on buying €1000 in bitcoins. Yes or no? on: August 24, 2016, 10:03:22 AM
If you plan to invest for it in the long term then I would suggest that you go for it because price of bitcoin is fluctuating nowadays which means you can't really speculate where the price is going unlike fiat currency. You will not be in panic in case when the time after you buy the coins the price suddenly drop because of an unprecedented event causing it. Waiting for it to go back up and even pass the previous high is possible because bitcoin is becoming popular and many investors also are investing into it making the price go up.If you want returns in your money immediately then you can still buy bitcoin and hold it for short term but it is I think riskier than holding it for long term. You can also do gambling using bitcoin you bought but this is very risky because you might lose everything in a few minutes if you become greedy or complacent.
1356  Economy / Economics / Re: The future of the paper money on: August 24, 2016, 08:45:14 AM
I think there will still be paper money in the future since there are still so many people that are not into new technology and would prefer to use paper money instead of digital one. Bitcoin is a money that the government can't control so they will find a way that will convince people to use paper money in which every time people spend it they have a share whereas in digital money they have no control. They will co-exist in the future as what is happening now but there may be more users of digital money as our technology is always innovating and sooner or later they will be introduced to bitcoin and be enticed to use it if they knew its advantages over paper money. But still older generations will prefer paper money because that is what they are used to and they don't want to complicate things with digital money.
1357  Bitcoin / Bitcoin Discussion / Re: What is big problem in using of bitcoin on: August 24, 2016, 08:10:18 AM
The problem to me is the unpredictibility of the price from day to day.
I buy some then it either increases in the value or worst it decreases alot.

The big fluctuations of price is the big problem of bitcoin also for me. Price is still unstable and fortuitous events may have big impact on the price that's why only those risk takers should invest in bitcoin or those that are planning to invest long term with it because those short term investors may not be able to take the losses they have if the price suddenly drop. Risk averse investors/traders may opt to do day trading because for a short time price may still be predictable as long as there are no news that will affect the flow of the market.
1358  Other / Off-topic / Re: What % of your Assets is Bitcoin? on: August 24, 2016, 07:40:19 AM
So what percentage of your total monetary and financial investments are in Bitcoin?

What do you think is a smart balance to have?

Around 10% of my monetary asset is bitcoin because I'm still not earning that much in bitcoin as I just recently discovered that it existed and I have a day job as of now in which I can't save much because of high living expenses and monetary obligations. The smart balance for me would be around 25% of my asset since I need to diversify my investments to other options like stocks,business or properties but depending on the status and value of bitcoin in the future maybe I would increase or decrease the percentage.
1359  Other / Off-topic / Re: Steady Way To earn Bitcoin Online... on: August 24, 2016, 06:57:57 AM
There are different ways to earn bitcoin online and by just exploring this forum you can learn a lot. In the services section I believe there are others who hire others to do a job for them especially if you know a lot about IT related stuffs then you can easily offer your services there. You can do trading but you need experience first and then when you think you already have an idea of how it works and have a proven and tested strategy then you can pursue trading as way of earning. You can do gambling but its very risky because if you can't control yourself like being greedy when you are winning or feeling like you want revenge when you are losing then it's not for you because you may it end up losing all your coins.

It's up to you to choose what you prefer and comfortable with as long as you know what you are doing and you know your purpose then you can earn.
1360  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: August 24, 2016, 06:40:40 AM
i think you should invest your bitcoin in trading and i think is very good and much more safer way for earning for earning more bitcoin there is maximum people earning bitcoin in big amount through trading.

That is not fully true because not only many people made money in bitcoins trading but even more people lost money in trading. Trading is very risky but if you got knowledge then surely you can make money from this method but try to diversify your money into few segments instead of just keeping all money in bitcoin trading. I only buy and sell bitcoins but very rarely do the altcoin trading.

I would also suggest trading. Yes we are all aware that trading is risky because you may lose money but if you are really determined to profit from it then study it first and gain a valuable experience before engaging in the actual battle like depositing a bigger amount. When you put your money into someone's pocket then there is always risk that you will not get it back whether its trading, lending or other services so if you really want to be safe with minimal risk then just store it n your wallet and wait for the bitcoin to increase in value for the next few months or years perhaps.
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