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1521  Economy / Economics / Re: Bitcoin or gold? on: October 16, 2016, 12:19:36 PM
I think BOTH as both have a great future...Bitcoin is a future but cant ignore gold and silver as well..As bitcoin exists maximum by 5 years and gold is traditionally used as investment factor..so cant ignore both but as discussion is on so would prefer bitcoin as its a future..
Yeah bitcoin and gold have a good opportunityand give you some investment return but consider what is good for you and what is have a high rate of investment return.
No question majority would choose gold as their investment but due to lack of resources to do so, they will force to choose bitcoin. Anyway as you said they are both good investment so there are still possibilities that it will give us good return in the future whatever we choose.
1522  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: October 16, 2016, 12:17:03 PM
not good is long time investment use bitcoin
is good is under six month maximal one year
is good fast grow your money use bitcoin is inday trade
every day buy and sell and take profit

I agree with you that its a risk to hold it for a long term as price may even go down in coming years, so the best thing would be to sell them when price goes higher and buy again when price drops.
The risk is always their but that is why we are here investing on the future of bitcoin because we are betting to see a good future, now if you are holding bitcoins you have to accept the reality that you might also lose that amount when your prediction is wrong.
1523  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: October 16, 2016, 12:12:45 PM
Andrew Wiggins contributed well in the win against the Heat by Points which is 23. But I am concerned with his Rebounds and Assist per game which does not increase even though he is a 3rd year player. For his position he must be getting around 6 and 4 respectively but last night he only had 4 rebounds and 1 assist. I hope those numbers are just for preseason and he is not putting 100% of his work. Maybe in the regular season we will see a beat out of him.
It's hard to conclude yet as we are still in the pre season and that statistics has no relevance in the past, you do not know if they are just doing it for exhibition purposes, the real battle will be when the regular season formally opens, and I do not care about his stats as long as they will reach the playoffs this season.
1524  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: October 16, 2016, 12:05:12 PM
to me bitcoin is too much better than paypal, as paypal is not universal where as bitcoin is a universal currency, bitcoin can be use any where having equal value every where, where as paypal is not available every where

thats true, if we compared bitcoin and paypal, I also choose bitcoin.
Bitcoin is good payment. fast transaction and low fee and very easy to use.

Well paypal now is going to adopt bitcoins so this comparison is going to be nonsense in the future. But as long as paypal is still not implementing usage and acceptance of bitcoin to their service I would gladly say that bitcoin is going to be better than paypal. Paypal has a lot of flaws with their service unlike bitcoin.

Is this news verified or just your opinion. In My experience with paypal, they are very strict in following laws and avoiding money laundering. If they adopt bitcoin, it will go.against all they have been doing all these years.
paypal is not planning on adopting bitcoin but paypal only having cooperation with coinbase,keep in mind only with coinbase,though paypal only make you easily receiving money that you've been exchanged from bitcoin to paypal without being accussed as money laundering or crypto trading which is actually prohibited by paypal
For me, I do not need paypal anymore to transact online because my current exchange allow me transfer funds from and to my bank account, that gives me convenience already and it is more on my bank account and exchanges transaction using bitcoins.
1525  Economy / Trading Discussion / Re: How much do we know about Money management? on: October 16, 2016, 12:00:46 PM
The first rule of money management is; Do not put everything in the same basket.

The second rule of money management is; You make your profits when you are buying, not selling.

Those are my rules.

The first rule is ok as I had a bad experience when putting all "eggs" in one basket which I lost mostly all of them.

The second rule is pretty good but this does not work always and not everywhere, you make profits when you sell them for a higher price than you bought it.

At the moment how I manage my money is investing a little bit on good things and holding most of my money and join the trading world when I have time.
As long as we are comfortable with our way on managing your money and it has a good outcome then that is great, honestly in my case I do not earn big amount of money so as much as I want to have big savings and invest in the future, I can hardly do it, but still I am hoping I can increase my income so it would be easy for me to manage my money.
1526  Economy / Gambling discussion / Re: The best way to quit gambling for good on: October 16, 2016, 09:56:22 AM
Keep remember on your head that earning money is hard and many people out there that don't have money, so you must wise use your money on gambling and think twice about it.


Correct, and not just that earning money is hard here, but you really need the courage in yourself if you are actually willing to quit it, else doing it effortlessly will not result into anything and the scene will always remain the same.
The motivator that would help us to quit successfully is by reflecting on our negative experience in gambling, think of your loses and what could have you done with those money if you did not gamble it, with that you can think that you need to quit to stop your loses and gambling is not for you, you can move on for a more productive activities that would give you profit.
Given the defeat in gambling perhaps it could help but to gamblers who have been very addicted to it very difficult. If a person is very addictive need people around so he can quit gambling slowly. In addition to concern themselves with the activities that are more useful also very useful to be able to forget about gambling.
An addicted gambler should be very submissive for a chance, let you family help you and so as your friends for a faster result, if you will doubt their help you will remain addicted and we know the outcome to that if cannot be cured at an early stage, it my result to bankruptcy which is the worst thing that might happen to you.
1527  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: October 16, 2016, 09:51:33 AM
Visa, MasterCard, PayPal, and even fiat all serve as opportunities for criminals as well "everything illegal is done using those, right?", but society keeps them around due to their recognized benefit. so using bitcoin on illegal activities will not harm bitcoin that much.

Exactly, everything that is related to bitcoin or every currency in the world is used for illegal activities and everyone know that but they don't say anything as they are the things they use as well and the ones who are using them illegally are almost anonymous, and if bitcoin is used to illegal activities it would also not make any difference for us as the ones who are doing it are anonymous as well.
yeah, carding is a big example of these . there is always a illegal activities  whether it is any currency . so we should not think that it is a way to make illegal work .
Bitcoin is totally trusted and pure and legit way to make payments .
Carding is just an option but people will prefer to do it online using the internet to transact and the system does not care either you will do illegal activities as you can transact as long as you have available bitcoin in your wallet, we cannot prevent illegal transactions but it would help bitcoin to progress.
1528  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: October 16, 2016, 09:48:09 AM
Mine is approx 10% of money in the bitcoin so my vote is there,cannot invest more than that and i am not surprised to see many votes with less than 10% becuae we need fiat cash in our daily life for our expenses and all the things,if we put most money in bitcoin then how we gonna manage our real life expenses.
for now we really still need cash to live in real life
as bitcoin not yet adopted fully by people around us , they still considering bitcoin as strange thing
then go investing all your money to bitcoin are not a wise idea not a wise action
unless you are really want to take a very high risk which i believe very few people can do this.
Even the rich or the smartest people on earth would not risk all their money, we still have fixed needs in our life that we have to attend daily so that amount we needed should not be in risk, when we are investing which is what you called when putting your money in bitcoin, we only need to put the amount that we can afford to lose.
1529  Economy / Trading Discussion / Re: do you accept bitcoins in your business on: October 16, 2016, 09:33:27 AM
I have my own web hosting depend on national people and of course anyone can use it globally. For this I added many peyment systems, supports and etc and of course I put bitcoin payment system because it's new in my country, people don't have much knowledge about it but also some of them is using bitcoin. ( I mean people who wants hosting ). My customers are glad about bitcoin payments because they prefer using it more than paypal or credit card.
So as you see bitcoin payment helped me a lot and customers are glad.
That's a good idea because most of your customer are techie and sure that they are already aware of bitcoin, it make them comfortable to pay for the services you offered, what you are thinking is a great plan but not all online business will be successful using bitcoin.
1530  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: October 16, 2016, 09:29:22 AM
According to answer by some members here i saw that its more vote in 22% of users of bitcoin in earth are using bitcoin..
I think 10% of the population of the earth are using bitcoin.
i think 10% is still so more and it is very difficult that 10% people can use bitcoin just in next 4 years i think 2 or 3 percent people will be using it in next few year or in 2020.
That's difficult although possible to achieve, the users now in total are still less than 1% of the total earth,s population as estimated and that has been for many years and still we are in that percentage, so I would not believe if there is a substantial abrupt growth.
1531  Economy / Economics / Re: Invest your bitcoins. on: October 16, 2016, 09:24:58 AM
Positive and negative news will always be a part of bitcoin so instead of listening to others we need to follow our gut feelings and take decisions accordingly in order to make profits.
But, our feelings will not lead us to a right decision as most of the time our feelings are dominated by greediness.

Listening to many peoples is always important, as that will get a better researches on what opportunity we are looking for investing our bitcoins. But listening one not two people might lead to confusing. A group of peoples will not go wrong at most of the cases, so having more opinions will always help.


Youve got a point but every people are different, there are people who can easily brainedwash, and when they fell to someone's words they late to notice that they fell when they lose something precious to them.
It's fine to listen to other's people opinion but as an investor who invest our hard earned money, it is just right also to always take a careful step on analyzing what other's are saying, we cannot just blindly invest and then blame others for our failure, we have to be responsible for our own action.
1532  Economy / Economics / Re: USD vs BTC on: October 16, 2016, 09:14:25 AM
The dollar is an international currency and many countries with their economies are tied to this currency. Therefore bitcoin easier to become an international virtual currency than the dollar fix.
on internet people are readily preferring to use ony bitcoin as they find it more convenient to use only bitcoin so it is true that bitcoin will be the digital international currency.
Sure bitcoin may take control of online transactions one day but it wont happen soo soon, bitcoin is growing slowly and will take some years till it get a huge visibility and interest.

It will take decades for the bitcoin to be used as a major online currency. It also depends on further development.
Time will tell but what I have been seeing now is we are steadily improving, more adoption are coming in as evidence by the steady price increased. We need to be optimistic this time that the success will continue as expected.
1533  Economy / Trading Discussion / Re: How do I grow my btc? on: October 16, 2016, 09:10:45 AM
you can grow your bitcoins through multiple ways, if you invest your bitcoin in gambling there you can really grown your bitcoin in a very very fast mood.
I don't think investing gambling would give us fast profit, I have invested on it so I would no. The profit that you can get in gambling is just a certain percentage of your total investment, that is because you are only putting on the share of the total money pot.
1534  Other / Off-topic / Re: 2017 Year of the Bitcoin on: October 15, 2016, 08:13:06 AM
I do not want to speak to soon because when we were still in 2015 people were also saying that 2016 was going to be the year of the Bitcoin and that was not true.
I am just going to wait when we reach 2017 and see for my self what that year is going to bring us.

Because that's what we were always saying. Even if we go back a few years, we were always saying that next year will be year of bitcoin.
Just why don't we celebrate every year as year of bitcoin then?

Actually they didn't even realize it. They keep on telling that next year is a good year when the fact that it is shows in the charts. From a $300 dollar price to this. Every year of bitcoin is always good we just keep track on the downside that is why we dont see it.
If next year would also be a success then maybe we will call it a good year for bitcoin also, but we really cannot determine what year should be the year for bitcoin, as long as we have a successful year, we have to be thankful on that.
1535  Economy / Economics / Re: Loans too risky? on: October 15, 2016, 08:09:45 AM
Many sites have no collateral requirements and may or may not be prepared to assist in collateral if they two parties desire it.  The loans are repaid only if the borrower puts money into their wallet on the site.  Nothing forces this other than the desire to not lose reputation on the site.  Many scammers repay multiple loans of small amounts to look good and then bolt with the big one. 
I guess that site would not be successful, and I also believe that you can only loan a little amount borrowing with less requirements. And in my case if ever I will be in need of money I am seeking for a bigger amount to be use as my capital in investment or bankroll in gambling so that would not fit for me.
1536  Economy / Trading Discussion / Re: HOW MUCH YOU EARN/LOSE FROM TRADING on: October 15, 2016, 07:51:35 AM
I make a lot of mistakes while trading BUT I think in total I have made atleast over a bitcoin from trading.
Ofcourse it's not that much for the time I have been trading but trading is very difficult and I am still in the "learning phase"
yes every one do mistake while trading, and i think it is not fixed that how a person can earn from trading in a day, as trading is a game of winning and loosing, as i made good profit from bitocn and also lost a lot but overall i am in profit.
yes that is right and i will like say that as i do trading in different section randomly therefore it is not easy to count that how much i earn from trading but i can say that still my winning percentage is more that my loosing percentage.
I believe this is how a trader must be performing all the time. Because facing losses in trading is unavoidable, still keeping the losses in minimum and maximizing the profits, will help any trader to be successful in long haul.

There must be one thumb rule in all trading : cut your losses short and let your profits grow. It means we need to book losses quickly and we need to wait for profits to grow.

the size of the loss is also important and it is what you should keep in mind.
i use a percentage based calculation for measuring losses. for example if it is a small percentage loss like less than 2-5% it is acceptable but more than that means i have been doing something wrong.
Honestly, the strategy in gambling can also be applied in trading, that's what you call the bankroll management and that is a great percentage to be an acceptable loses, but as a trader we do not stop with a lose but we learn from our mistakes to become successful.
1537  Economy / Gambling discussion / Re: Why Gambling is Fun? on: October 15, 2016, 07:45:43 AM
Gambling can be fun even when you lose, when you watch a sport event and risk hundreds of dollars it make it so much more exciting, the game has meaning and makes you watch more carefully.


How gambling can be fun after loosing your money, When you are happy then you have fun in any games but after loosing a huge amount you are unhappy whether you place bets in sports. So if you'll win some money then you will have fun otherwise gambling is no more fun for you.
Gambling can be fun when we are loosing so much money i thin gambling is very sad some of people are good thinker even they are loosing they can get to laugh when they get loose of there bitcoin even they are carefully playing it and im not happy too when im loosing and wasting bitcoin in gambling webis.te
If you will ask those people who are just gambling for fun for sure they will say that they have fun in gambling although they are losing their money, not all of use of course are into gambling just because of the profit, some of the gamblers just want to have fun.

 that is true to people who are just spending money that they know from the very start that they will gonna lose their money eventually during their gambling session. They actually doesn't matter whether or not they will going to lose on the process, what they are after is the fun that they are experiencing when they gamble, period.
Even people with an average financial status can also do gambling for fun, there is not exact figures to be called as a big or small amount as what is the most important is just to bet what you can afford to lose.
1538  Economy / Economics / Re: Is it better to save money or invest it? on: October 15, 2016, 07:42:37 AM
to me the best option is to invest your money in bitcon, and there you can get double services, one is that your money will be too safe in bitcoin and the second is that you can really make a good profit just for holding your bitcoin, therefore the best option is to invest your money in bitcoin.

Investing in bitcoin is not safe and involves huge risk as we don't know where bitcoin will land in future and what price it would be holding so you should invest only that you can afford to loose.
I think any kind of investment could not be safe risk will always exist on the investment. including investments in bitcoin would be risky and could not be said to be safe. but certainly there is a skills and tricks so that you can invest and make profits in bitcoin

yes but if we only use bitcoin as any other investments, then i think we can reduce the risk and make profits. the risk of bitcoin is maybe if the price is drop until the price that we bought bitcoin in low price.
Yeah because we are investing, and the reality is that there is not easy way to invest, bitcoin either is not easy although most of us are positive that the price of bitcoin will rise in the future, there's still a possibility that it will fail so it is advisable that we do not out all our money in investing with bitcoin.
1539  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: October 15, 2016, 02:52:59 AM
I already made a bad experience buying Bitcoin with Paypal. I can not recommend it. Paypal gives you absolutely no support when the seller is requesting the money back because it is not allowed to buy cryptocurrencies with Paypal.

paypal only good is buying in online store ebay and more
if you buy bitcoin use paypal is only few site in support,
in exchanger only virwox its support paypal
They are good before but with the advent of bitcoin, their popularity were lessens since most of the people who loves to transact online shifted to bitcoin already, I am one of the users of paypal and now I solely use bitcoin only for online transactions as it is very simple.
1540  Other / Off-topic / Re: How to tell your Girlfirend about BitcoiN?? on: October 15, 2016, 02:47:30 AM
explain bitcoin basically the same. but for women we have to be patient because a woman who does not understand the nature of nature. first give them the opportunity to get to know bitcoin on the internet. after it was taught by us to introduce it gradually.
Women are not so open minded as they do not want to learn complicated things, bitcoin could be complicated to them if it is just new to them, girls do not experiment much than boys so if you girlfriend does not like bitcoin just do not force here if you do not want your relationship to be ruin.
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