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13681  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: December 22, 2016, 05:04:03 AM
Bitcoin isn't going to replace the currency of a country, but bitcoin will become a universal currency for the entire world, in Europe we are already familiar with the euro as a currency, I believe bitcoin will be greater than that.

Wrong if we think cryptocurrency and physical currencies will not collide. If cryptocurrency market received more attention, and majority of people in the world are familiar with bitcoin, then the global economy will change. This will not happen in the near future, only a third world war which could make it faster.

That is very impossible that bitcoin  will replace dollar because people doesn't want to change the currency system of a country.
I will believe if gold will be the next currency and if the government will implement again the ancient times of law.
But with bitcoin, I really don't think it will happen.
Some believe it because they want to replace dollar so they will be rich easily, they are dreaming for sure, bitcoin cannot replace dollar because dollar is own by strong nation, stronger than the bitcoin community.

They are just thinking about themselves if they are thinking that way but in reality it is really impossible to replace fiat because of a lot of things to be settled first by the central banks of a country and as well as a law that will pass the replacement of their own currency. Even though bitcoin is really a great platform for financial services but with this case, I find it very hard.
13682  Economy / Economics / Re: Bitfinex - Funding. Yes or No? on: December 22, 2016, 04:45:31 AM
Better not to support this site anymore. Once it happened already, the vulnerability of the site is there. And the possibility that it can be hacked again is always there. Even though bitfinex is doing hard to get back the trust of the people still better to be safe than to be sorry in the end. Take the risk if you want, but we warned you.

I personally don't believe Bitfinex was hacked, but opinions on this might be different. However, no matter what has happened, a fair amount of its major traders are still making use of Bitfinex because its interface and such is more appealing to them when it comes to marginal trading and all that. But still, their trading volumes are still not recovered, and that's mostly due to the fact that a certain number of traders have left that exchange. That being said, I wonder where they might have gone as I don't see a serious increase of volume on other exchanges which might indicate that Bitfinex's old traders have gone there.

OP - I wouldn't make use of Bitfinex, but if you think it's the right exchange for you, and you make a decent amount of money, then just continue your business there. But don't forget what has happened a few months ago.

Well we don't know if they are just hiding in the reason of being hacked or they really don't want to admit that they really stole their investors fund. Because it is very easy to say, "hey were hacked, all the funds got by hacker." Well that is making a lot of trust removed with them.
But for op, yeah if he gets good result then let him continue with his way.
13683  Economy / Marketplace / Re: What places do you do your shopping online? on: December 22, 2016, 04:09:59 AM
I just believe shopping online from local website, but there not yet accepted bitcoin. Every month I spent about $200 for online shopping, I like online shopping because easy, simple and not need waste time.

So in what online shopping website do you prefer to shop? As it is indicated in the op. And you look like a very economical person which is just you are only spending $200 for your shopping. I'm curious how much are you shopping this Christmas season?
And with my experience, I usually shop online with lazada but still they are not accepting bitcoins. I hope they will soon.
13684  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Zcash worth to invest in it? on: December 22, 2016, 03:55:40 AM
Upon reading Zcash's description before it is going to be launched and advertise I'm thinking that it will have a bright future and will be able to make it as good as bitcoin.
But base on reading your comments guys, it made me dissatisfied and remove my interest to this coin. Too discouragement, tsk.  Lips sealed
13685  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 22, 2016, 03:39:28 AM
Dream of getting rich with bitcoins - ita gonna be a dream forever .as u see the price of bitcoins going up and down everytime .and u want to wait till it reach more .with this more more tendancy u are likely to end up loosing ur bitcoins at a lower price .

Unless you are going to do something then it is not going to be a dream forever. That's why there are a lot of people who are made a lot of money with bitcoins. Because they bought it earlier while the price is lower and they sell it when the price is now higher. And right now they are still waiting to keep the price increasing.
Good for them, but that does not exempt us from getting rich either, we can also be rich if we buy bitcoins now. We will not see this current price as the highest so far after the resurrection of bitcoin, it can double or triple in the coming years but we will not be going to enjoy it if we will not take the risk now. Dreaming to become rich should be converted to a proper plan and good execution will always make it possible to happen.

And not just by buying bitcoins can make us rich in the future as long as we are eager and set a real goal in bitcoin about our future plans to become rich with it. There is no impossible thing if we are going to work hard for it and putting our determinations with it. And since we are in bitcoin, the price is keeps on getting high which is favorable to those that have a good source of income.
13686  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 21, 2016, 09:52:16 PM
Dream of getting rich with bitcoins - ita gonna be a dream forever .as u see the price of bitcoins going up and down everytime .and u want to wait till it reach more .with this more more tendancy u are likely to end up loosing ur bitcoins at a lower price .

Unless you are going to do something then it is not going to be a dream forever. That's why there are a lot of people who are made a lot of money with bitcoins. Because they bought it earlier while the price is lower and they sell it when the price is now higher. And right now they are still waiting to keep the price increasing.
13687  Economy / Gambling discussion / Re: Gambling problem on: December 21, 2016, 06:30:31 AM
A gambling problem is happening more often everyday in the bitcoin scene because gambling is enjoying and you can earn a lot of money by it, due to that I think that there will occur more and more problems.
That will just generate problem if the gambler is not able to become a responsible one. And that is because of their negligence on what is the effect of gambling will give if they will not going to get serious for their responsible gambling. Because of that thinking too that they will able to get a lot of money when they gamble is another problem which is misleading them.
13688  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: December 21, 2016, 06:21:59 AM
Go guys!
In many cultures and countries is gambling consider as a bad thing which only the poorest and silliest ones do. Many gamblers try to hide that they gamble from their friends and families and feel really shameful for that. Do you consisted gambling as a bad thing? Do you feel shameful or proud for being a gambler? If it is shame what you feel what do you about it? How do you hide you're a gambler and who do you hide it from?
Let others know!

That can be shameful if you are not a responsible person and you are making gambling in your first list before your family and duties. And that is making gambling as a bad habit if that is bringing them a very bad result. I'm just hiding that I'm gambling because I wanted to hide it since my family already knew about it.
13689  Economy / Economics / Re: Bitfinex - Funding. Yes or No? on: December 21, 2016, 06:10:36 AM
Better not to support this site anymore. Once it happened already, the vulnerability of the site is there. And the possibility that it can be hacked again is always there. Even though bitfinex is doing hard to get back the trust of the people still better to be safe than to be sorry in the end. Take the risk if you want, but we warned you.
13690  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: December 21, 2016, 05:48:50 AM
Bitcoin isn't going to replace the currency of a country, but bitcoin will become a universal currency for the entire world, in Europe we are already familiar with the euro as a currency, I believe bitcoin will be greater than that.

Wrong if we think cryptocurrency and physical currencies will not collide. If cryptocurrency market received more attention, and majority of people in the world are familiar with bitcoin, then the global economy will change. This will not happen in the near future, only a third world war which could make it faster.

That is very impossible that bitcoin  will replace dollar because people doesn't want to change the currency system of a country.
I will believe if gold will be the next currency and if the government will implement again the ancient times of law.
But with bitcoin, I really don't think it will happen.
13691  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: December 21, 2016, 05:38:26 AM
It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.

Yes,
but it's the manipulator who takes the risk to increase or decrease the price.

If they does, so how they are taking the risk to increase or decrease the price? I don't think there is a risk as they are the one who are usually moving the price of bitcoin. So if they want to increase the price, they will do something about it and how is the risk will come to them? I just can't get that manipulators are taking risk either.
13692  Economy / Economics / Re: Sell Everything? on: December 20, 2016, 12:16:43 PM
Dont sell everything, because the bitcoin will be rise in the next year in january 2017
its good choice to hold some bitcoin.

That's very true we just need to be patient and for sure we are going to get good profit when we are not going to do panic selling. Let's just wait for the price of bitcoin to pump more. I hope before the end of the year there's a sign that the price of bitcoin is going to keep on pumping. And hopefully it will not be followed by any dump.
13693  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: December 20, 2016, 12:09:14 PM
It is impossible, bitcoin can not be controlled by anyone because of their very nature anonymous. Believe me, the price is natural and the bitcoin can't manipulation by anyone, because the price is formed from the requests and needs.

No, it can be manipulated by many groups or people who are holding a lot of bitcoins. Maybe you doesn't know what a whale can do to the price of bitcoin. If you know what happened with bitfinex hacking incident, that made the price of bitcoin fall rapidly. And I can say that is what whales can do, they can manipulate the price of bitcoin.
13694  Economy / Service Discussion / Re: Dark marketplaces? on: December 20, 2016, 11:52:55 AM
There are a lot of dark marketplaces these days but you should not trust them at all because they are full of scammers these days, its not worth buying on there.

Neither don't ever get involved to have transactions there. That is because most of the people there are doing dirty businesses and don't get fooled by any person there that tries to have a conversation there. The old dark market places are even good enough unlike these days it is full of sh*t out there and its reputation is totally black.
Theres nothing good even on those old dark market places and i could say its all the same,the difference only is that there are more lots of variety of illegal things that you could illegally sell off compared to the old days.If you are totally newbie regarding on surfing the darknet then its better not to go there or intend to purchase things out there because chances of being scammed is high.
I never had been at any dark marketplace, but i doubt there isnt nothing interesting at all into those marketplace, and since when we judge the transaction as long the buyer gets what he is paying, in the general i doubt people into the dark marketplaces are interested into any kind of scam, the most of them wanna make money the same way as we, sure scammer will show off always anywhere.

There can be bought anything, I sometimes been on it just too look but you can literally buy everything on it, we even talk about clothing..and all that kind of stuff.

Yes no doubt about that, that is just a marketplace for everything whether it is legal or illegal but the difference of dark market place into a community market place is that it is selling illegal things no more no less.
13695  Economy / Economics / Re: Passive Income on: December 20, 2016, 11:42:19 AM

Trading is not passive income. It's a risk job. Passive income is something you invest some money and earn by doing nothing. As neochiny said, trading requires fairly constant supervision, regular monitoring of the markets, and I would add luck. Yes, sometimes it's necessary luck to make profit, because the future price of coins is unpredictable.
I'm sometimes laughed so hard that people actually never know the meaning of passive income an just typing even with low knowledge. maybe they don't bother to use google search because all is already inside their mind. as you said that passive income is not working even monitoring for the sake to keep profit but the money will working for you. you just need to let it work and you can earn profit.

Unless you are going to work for your money and that is going to be in return that your money will work for you. Passive income is sometime that you have on a regular basis and there are traders who are professional in that industry that are actually earning on a daily basis.


You should work for your money first before it returns to you. As of now it is very difficult to earn money if you dont exert effort and if you are very lazy then good luck in earning money. Well passive income is very difficult as long as you have a business and you are manager of it but it is not really passive because you are working on it.

That's true and there is no such thing that money will come to you even you will not exert any effort. Of course if you work hard then your worked will be paid of by something valuable and that is money. For those people who have a lot of money in the bank and has the capacity to invest bigger amount for any investment are the people who can possibly get passive income.
13696  Economy / Gambling discussion / Re: What would you do with your winnings? on: December 20, 2016, 11:32:19 AM
If I got winnings from gambling, I will request for a withdrawal and leave the site immediately. I will stop from betting after that. I would share the blessings to my family and relatives, I will volunteer to pay our electric and water bills.

What if that site you have withdrawn is giving you luck everything you gamble to them? Maybe you should keep on continuing to gamble to their site. Because that is going to give you profit continually, but if that is your way. That's good enough, with my way of using that winnings is that I will just do nothing and save it for future.
Well, in that sense you are already investing for the future. And to clarify our luck, you cannot make it consistently, a good way to treat luck is just to bet on big payouts so when you hit a big amount of jackpot you will stop eventually and them proceed to your plan otherwise you will turnover it to gambling sites afterwards.
that's the problem we can't say when luck will be on our way we just waiting for it from time to time that we played gamble and if time comes for us and luck showed up we sometimes misuse it instead of gaining we became greedy and keep playing until it went out and start to lose back for me if chances allow me i will hit big then quit use that money for other ways of earning opportunity like trading or some long term investment with stocks.
I guess we should not be talking too much about luck, instead we why not talk something that we can evaluate and test like a real strategy to be able to win in gambling, luck will just come and go so it's a blessing if we have that sometimes but purely relying on it is not good.

There is no real strategy in able to win in gambling, every time we win that is just base on our luck and as well as few of our skills. But there are times that you can make your own experiment that can lead you to have good amount of profit as you gamble. And about the blessing that is not about luck, it is a gift from God.
I could say that playing gambling does really rely on pure luck but there are games which do require or need some skills and analysis.You mentioned God about giving the blessings on winning money but there are people that dont believe on it besides they are just relying on theirselves only. If i do make huge winnings i would save some parts of it and some ill lend it on playing gambling again.

God doesn't condone gambling as it is forbidden because it is making us greedy which is leading the root of all evil. I guess lending it for gambling again is not a good idea because your money will not secured if you will lend it with that reason. Better to be strict if you will lend it and just avoid that reason of gambling upon approving a lender.
13697  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What Altcoins do you want to hold in 2017? on: December 20, 2016, 11:13:11 AM
Waves, Komodo Platform, and Ark are examples. I particularly like Komodo because it works along with Bitcoin, it doesn't compete against it.
Yes that's true and that's why my eyes is in Komodo next year.
Komodo and Xaurum seems good to hold in 2017. Also I will going to keep on holding lite coin and doge coin, I have hope that they will pump next year just like what is happening in bitcoin today.
13698  Bitcoin / Bitcoin Discussion / Re: If bitcoin died tomorrow on: December 19, 2016, 07:14:17 AM
Bitcoin at 800$+ and people are still talking about what if it died, Its not dying and you all know it. Can we close and lock this thread now and move on to the thread where everyone is talking about btc going to 10K.

And that is more impossible to think of that bitcoin is able to reach to $10,000. It is not bad to talk on the things that we are going to do if this type of speculation did truly happened to bitcoin. But yes, it looks like it is now exaggerated.

10.000$ is around the corner. We'll be there so fast you blink and you might miss it. Im telling you, this aint tinfoil hat time, this is too the moon time

Man, let's get optimistic and realistic with what's happening with bitcoin. $10,000 is not just a corner around but $1,000 is. I would believe that the price will be able to reach $1,000 but with $10,000 I really find it too much and impossible to happen in just a split seconds that you are describing.
13699  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin or Ethereum ? on: December 17, 2016, 10:53:44 AM
I would go for both, many are depending on the market cap of both coins. No doubt that bitcoin is the leading of all the crypto currencies. But with ETH still it has a good future that can be next to bitcoin though it is also good for trading. And if we are just going to base in the market cap, both coins has the promising value of them all.
13700  Bitcoin / Bitcoin Discussion / Re: If bitcoin died tomorrow on: December 17, 2016, 10:44:50 AM
Bitcoin at 800$+ and people are still talking about what if it died, Its not dying and you all know it. Can we close and lock this thread now and move on to the thread where everyone is talking about btc going to 10K.

And that is more impossible to think of that bitcoin is able to reach to $10,000. It is not bad to talk on the things that we are going to do if this type of speculation did truly happened to bitcoin. But yes, it looks like it is now exaggerated.
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