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141  Economy / Trading Discussion / Re: What is the minimum amount to start as a trader? on: December 11, 2016, 06:15:08 PM
When first starting out as a trader it would be advisable to invest a small amount that you are ready to lose. When you are a noobie at trading you are sure to lose money in the process of learning so that time its better to trade with small amounts then after you have mastered the skill you can input any amount as you wish and have.
 
142  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: December 11, 2016, 05:11:19 PM
I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.
143  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: December 11, 2016, 01:46:57 PM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?

Well Bitcoin is not created for really poor countries where the basic requirements are lacking, since bitcoin requires knowledge of computer and having access to computer and internet in a really poor country does not seem possible. Even if they get access to bitcoins where will they spend it?
144  Economy / Economics / Re: Should I believe in Bitcoin ? on: December 11, 2016, 01:45:49 PM
Yes you should believe in bitcoin. Its the future. There may be drops in the price but it will surely rise again. Bitcoin won't die as long as there are users.
145  Economy / Gambling discussion / Re: Do you believe that win in gambling is depending on your luck ? on: December 11, 2016, 01:26:26 PM
Gambling is luck. Yes, using a good strategy may increase your chances of winning but if only luck is on your side. Even skill based gambling like poker require some luck.
146  Economy / Speculation / Re: When do you think will be a best time to buy bitcoin? on: December 11, 2016, 01:04:44 PM
Any moment is a good time to buy bitcoins if you are into long term investment. But just make sure it isn't bubble since you want to buy after a bubble. Selling is on you whenever you are in profit you can sell.
147  Economy / Economics / Re: How many BTC will make you a fiat millionaire in 5 years? on: December 11, 2016, 09:07:21 AM
Well this not only depends on how much strong bitcoin gets but also on how weak the $ gets. And in 5 years you can not say. If for some reason the dollar value goes down then even a small amount of bitcoins can be enough to have millions of dollars but that does not mean its a lot of value.

If you are talking in the sense that the dollar value stays the same then I would say around 1000 bitcoins would be enough to become a millionaire in 5 years.
148  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 11, 2016, 09:02:17 AM
Buy now and sell it after 4 years. It can triple your profit.
And its every bitcoiners dream to become rich with the help of bitcoins.

Well I really hope the price goes really high in four years  Cheesy

Of course its every bitcoin user's dream to become rich with bitcoin like why not?? You know the good part of bitcoin that why you use it then why not be rich with it  Grin
149  Economy / Gambling discussion / Re: In what gambling games are you good at? on: December 11, 2016, 08:59:32 AM
Well most gambling games are dependent on luck rather than skill. But there are a few games that are more skill based like poker, but even for those eventually they depend on luck.

So if you want a skill based game you should play poker cause that is according to me the best for you.
150  Economy / Economics / Re: Bitcoin is Freedom on: December 11, 2016, 08:51:33 AM
Yes Bitcoin is freedom.

It prevents anyone from controlling us unlike fiat. But it is also possible that the freedom may be misused by some people in order to do illegal things.
151  Economy / Gambling discussion / Re: If you want to become Rich you need to Put Higher bets on: December 11, 2016, 08:46:17 AM
Gambling is for fun. Higher bets can get you higher wins but can also make you go bankrupt. You cannot become rich with gambling, if you want to become rich work hard and focus on your career.
152  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: December 11, 2016, 08:31:01 AM
Gambling is mostly for fun and not profit. Although you can profit from it, it should not be your main motive. Still if you want to gamble for profit you can do it by using a good strategy and stopping when you are in profit. In the long term you will lose because of the house edge.
153  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no competition on: December 11, 2016, 08:26:48 AM
I partially agree with you. Bitcoin seems to have no competition right now and people who said that bitcoin will fail in the coming years have been proved wrong. But in a really rare case if something does happen to bitcoin then I am sure another cryptocurrency will take over. For right now invest in Bitcoin and make profit  Wink
154  Bitcoin / Bitcoin Discussion / Re: Getting porn sites to accept bitcoin on: December 11, 2016, 08:22:29 AM
Well it is already happening, according to what I know. Porn sites have already started accepting Bitcoins as a payment for their services and if they go mainstream with bitcoin then it is possible that bitcoin will profit from this.
155  Economy / Gambling discussion / Re: Trading vs Gambling on: December 07, 2016, 11:22:42 AM
Well I stopped gambling recently and about trading, I have been doing that since a long time. But now my main focus will be trading since no more gambling Cheesy
156  Economy / Digital goods / Re: Earn 2$ - 5$ Every 60 Min (Autopilot method) (No Survey) Free Method on: December 07, 2016, 11:12:09 AM
Hey I would like to try the method out so could you pm me. Also if it works I will write a review about it over here.
157  Economy / Speculation / Re: BTC at $1,000 by Christmas? on: December 07, 2016, 11:05:03 AM
750$/BTC is already a Christmas gift for us and I don’t think it will reach 1000$ this Christmas maybe the next one?
158  Economy / Gambling discussion / Re: Do you play Dice with Autobet? on: December 05, 2016, 07:05:30 AM
I mostly use auto bet feature of the site but if I need a more complex or better bot then I use trusted third party bots, if they are not available then I try making one for myself.
159  Economy / Speculation / Re: The country with the highest demand for gold just outlawed gold. Shit got real. on: December 04, 2016, 02:01:06 PM
How come they dont murder the shit out of this government? I dont own any money in banks just because of the bankrupcy nightmare and yet in India, the gov dogs can search your house and steal your wealth. What a shit country. I would either kill the dogs or kill myself in that situation. Are those people cows? Show some reaction dudes, blow up some stores, hurt some people.

You should learn about the situation before talking. The only wealth that will be confiscated by the gov is the one that has been stolen from the country that is black-money. Money of honest people will not be touched. This is being done to help those honest people of India and therefore there is no reaction. I get that reading what @lerredit has written will bring up such thoughts but whatever he has written is totally wrong and therefore you should read about what is happening.

Show some reaction dudes, blow up some stores, hurt some people.

And even if there were some problem this is totally not the way to show some reaction. Killing some innocent people just to show your disapproval? Remember someday it might be your loved one that may be harmed if everyone has this sort of thinking. Instead doing something to those responsible will be more valid.
160  Economy / Speculation / Re: The country with the highest demand for gold just outlawed gold. Shit got real. on: December 04, 2016, 09:11:01 AM
The country with the highest demand for gold (India), just outlawed gold. Shit just got real. Citizens homes will be searched and 85% of wealth will be confiscated.

Totally wrong. "just outlawed gold" no they did not, its just that gold purchased with black-money or with amounts that have not been disclosed by a particular citizen will be taxed and 85% of that will be taken away.
This in no way will affect the honest people and was a step that needed to be taken long time ago. So yes the people who want to hide their "non-disclosed money" will invest in bitcoins.
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