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1521  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: October 12, 2016, 05:31:27 AM
yes , still it will remain popular . Because bitcoin in the online world is not only for trading but it is use as payment in worldwide . and no limit to save money and free of taxation .

for the average joe stability is a great thing because that's exactly what they are looking for. i personally wouldn't mind some sort of stability, but as a trader i also like the times where the volatility takes over the market.
trader will surely not happy if bitcoin become a stable price currency , they take profit in the volatility. without volatility bitcoin are just an ordinary thing on internet , nothing special anymore.

so i guess let it be like this , i don't expect bitcoin to have a stable price .
Of course but a certain group particularly the merchant will be happy to see a stable price as they can start doing there business without the risk of losing the value of their money, and I believe in the future the price will be stable so if you are an investor an trader, our time to make money is now.

Merchants would be surely be happy when  bitcoins price would  stabilize its  price because they dont need  to worry on the  deflation on bitcoins  price same as you said  but  the  trades  and  investors would surely switch  to another  crypto  which is more volatile because  being  volatile means  money.
For sure and we can easily shop online but I would want that to happen so because I am still enjoying on the volatility of bitcoin's price, I am earning for being a trader and investor at the same time, as long as it will increase I don't mind not seeing a stable price.
1522  Economy / Economics / Re: Sell Everything? on: October 12, 2016, 05:19:52 AM
Not an good idea to sell everything rightnow, as the price can increase more in the future, will sell of course some part of it if I need it, but maximum amount of bitcoin would be holding until the end of this year

That's a smart decision to make, if you need money then you can sell a part of it and selling rest of them at the end of the year can be profitable as its predicted that price will be higher at that time.
Selling bitcoin for the need of having money is most common situation everyone do face here.
But, we should not sell all the bitcoins at a time. Because, we might happen to miss very big opportunity may happen tomorrow. In order to stay within bitcoin opportunities, we always must have some bitcoin left in our saving.
We can spend some bitcoins for emergency needs but we need to buy back whenever we get chances.

Well depending on the needs you have for everyday. Because even we can say that we must not sell our bitcoins for we are going to get good profit in future.

But there are times that you must consider yourself for selling your bitcoins if you really don't have enough money in your pocket.

So you have no choice but to sell your bitcoins.
When you are in desperate need of money because something came up you will really be force to sell your bitcoins, we cannot just hold it while there is an emergency and we will not attend to it, life is just like that but it is better to hold if you have no problem at all.
1523  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: October 12, 2016, 05:15:32 AM
I would never go on Bitcoin full time because if it goes wrong with Bitcoin I would then go out and have to still search for a job when I had one.
Bitcoin does not need much time so it is better that you do it one the side.
agree with you when things happen that are not in want and it makes you run into problems in bitcoin kind of like a very low price, and of course it will make a loss. certainly not an easy thing to seek employment in a real job? so consider before choosing an option dude
You can only quit your job to focus in bitcoin if you have a great amount of savings that you were able to raise while working. In bitcoin, you are like engaging into business that has a risk associated and only if you succeed will you make money.
Always think of the security of your family if you are planning on quitting your job, there is future here in bitcoin but it is not guaranteed, do not just listen to the success story of the people here, rather make your own study and evaluate yourself if you have what it takes to be successful in getting full time with bitcoin.

I do believe that future in bitcoin is good by we don't where it is going to happen so if you are going to think about your family.

Then it is better if you are going to work for both of it, work for bitcoin and at the same time don't ever try to quit your daily job.

Because that is going to make you financial stable.
Your right you do need to put family first if you have one and it's not easy keeping up 2 almost full time jobs.

I started out just posting here then got involved in a few more things and now have lots of work, unfortunately so far most is not highly paid.
Having an earning online is already a great help for everyone of us here and we will be able to buy our needs and sometimes our wants. With bitcoin, it has given us an opportunity to work with our free time and we can also invest as well, I guess there is no need to quit out if we can do both better.
1524  Economy / Gambling discussion / Re: Quit Gambling. on: October 11, 2016, 07:47:09 AM
The only reason that I might quit gambling in the future is when I am not enjoying it anymore, in the sense that I lose more than what I can afford to gamble and losing the interest of the games I previously love, usually it is the money which is the main hindrance for our success as when we are about to start gambling for money, the real problem will just come.
Quitting gambling will not become possible for you after some staying with gambling due to its addictions. Definitely after a short stay with gambling, you will not be afford to gamble as you will be facing continuous losses.

Unfortunately you will never stop enjoying gambling among many losses. This is true as there are lot of evidence that people are gambling with borrowed money. In the opinion, gambling problem usually starts once you start gambling regardless of why you are gambling (fun or profits). Quitting gambling is highly impossible for all the gamblers even they are having different purposes like fun and profits.

yeah i agree with that there are even people who sell or loan their properties just so that they could continue wit their addiction. sometimes this would lead to them being in argument and fights with family and loved-ones. these people are in need of i think psychiatric help and therapy already because as you've said it would be very hard for them to quit if they are too deeply addicted

Ha ha. Those people are idiots relying only in gambling as if they will get rich in gambling. If you want income try to study trading it is less risk than gambling and yet it is effective in giving profit of yours if you study well the basic principles of trading. Knowledge will be use in this program so take advantage of that.
Maybe they are just victim of poverty, when you are in that situation you will really think of the fastest way to earn money as we do not have the resources like the real businessman do to invest in businesses, however our current situation is also the reason why we are addicted and failed to understand that gambling is not the key to solve our financial problem.
1525  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: October 11, 2016, 07:43:01 AM
My reason on gambling is always for profit. I'm curious for people who gamble just for fun, if they lose their bet and lose their money, are they still fun or not. Because losing money on gambling is not fun.
Well if you play for profit, are you sure that you will always win the game? I don't think so, some people play for fun because they are just trying their luck but it doesn't mean that when they play and lose it doesn't mean that they didn't feel something. For me, some people that saying that they play for fun, just like me, they are just using their money that is only intended in gambling and their personal income is not affected so for me it is fine for me to lose.

yeah people who play for fun would find it easy to just stand up and leave whether they lose or win. compared to people who play for profit, of course you are actually aiming to earn from what you're doing so what happens if you lose? you play again and again until most of the time you're left without even the capital amount you started with.

Yes I also agree on that they are just addicted in gambling. Like children who play online gaming in computer. Addiction is a disease of a man in the world nowadays. But I salute to those person played in fun because they are all independent. Not the depending on their parents financial problem and have good life.
Maybe I am one of them, I can also play for fun without thinking of my loses because I am a renewed man now coming from being addicted. It is really hard to changed but by understanding that we have no chance in gambling we will make the right decision of playing just for fun.
1526  Other / Off-topic / Re: Do you actively spend your bitcoins? on: October 11, 2016, 07:39:32 AM
I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.
yeah I think everybody wants to do their spending something in need of it. but you know this time bitcoin has not been so accepted. only a few merchants who accept and perhaps receive it only domain sites and the like. of course we could not buy a domain in every day right ?
People are willing to spend their coins but the fact is they don't find any place to do so, as bitcoin has not reached to physical places yet but may be in future things will change.

Indeed sometimes it's not like we don't want to actively spend our coins but we just don't have the option to do so.
I wouldn't want to spend my coins though cause I am a saver and investor so I want as many coins as possible.
Great decision of keeping your coins than spending it, we have to know that what we are holding now could be a greater value in the future, my advise to everyone here is that we need to give emphasis on the opportunity that bitcoin has given us, we are in the situation that bitcoin has not achieve its massive adoption so we are lucky as when the right time comes price will skyrocket as predicted.
1527  Economy / Gambling discussion / Re: Why is gambling so addicting? on: October 11, 2016, 07:31:06 AM
yah play games on pc is very good and it was free, but there will be a sensation in itself if you're gambling. perhaps it makes people become addicted to gambling. besides the gambling game, everyone compete and try their luck, and if you feel lucky most big, maybe you'll win in that game. Well, maybe because it was a gamble that make people always addicted

I think it's a completely different thing. Computer games and gambling doesn't have the same appealing. Games offer pleasure for the game itself, and in gambling it's all about the risk and trying to get some profit. I like both computer games and gambling, and for completely different reasons. I won't say I'm addicted to any of those things, but the pleasure I got from any of them have different sources.
obviously different, because computer games simply can not make money (no challenge) while gambling could generate money (here was the challenge that will become addicted). thus then automatically everything that has the challenge there will be a risk.  Grin
Computer games and online games also have money involve like COC, if you want to buy some coins then you need to have more gem so you need to buy with your money, and for me that is also risky then you just want to buy some of the store but in reality you didn't get it personaly which is for me its not good, so every time I play online games, I really don't want to use my money as long as I know that, that is not worth it.
At least that only involves a small amount of money, it is pretty different in gambling as you need to have a bigger bankroll and the outcome of your game is so fast, try to play in dice and even if you have thousand of dollars you can lose that amount even in a matter of minutes.
1528  Economy / Trading Discussion / Re: How do you trade with crypto currency? on: October 11, 2016, 07:21:00 AM
Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,



80% is enough because nobody can be 100% for sure if an crypto currency worth or not investing. I sometimes just check if the price is changing often and I risk to buy and sell some coins but with lower amount because I don't want to risk for example 1BTC in a coin I have not much researched.
I agree 80% is enough for making profit from bitcoins, because usualy i can make profit from trading is just 5% of capital as constantly every month. But it is enough because my bitcoins will growing up although slowly.
Someone is wanna make an over 100% of their profit and that is so greedy person in my mind, in trading I do not need a big profit I just nit a stable profit or income. that's already enough for me.  impossible for make more than 100% of the profit from the total capital ni this time.

100% would be  possible  on trading   cryptos and you would really need  much research  of information  on a certain  coin  and also  you must need luck to a particular best  moment to  buy or to sell which could make  gain of  profits 100% would be  achievable though  but as you said we should  be contented  on what would  be  the results  of our each trade as  long  its a succesful one.
If that is possible in gambling, it is always possible in trading, what you need in order for you to be satisfied with your income is a big amount of bankroll so you will have a quality time when you are trading and will result to a bigger income.
1529  Other / Off-topic / Re: du you spend coins on real life. on: October 11, 2016, 07:15:26 AM
I do not try to spend bitcoin directly but i always to exchange my bitcoin into fiat before to spend since there is no stores accepting bitcoin yet but i am hoping that very soon they will start adopting bitcoin in their form of payment

Look very careful, search for websites accepting Bitcoin in your country. I thought I have nothing linked to Bitcoin in mine, to find out three years later that there are over ten online stores, services and hundreds of ATMs right where I live.
In our country there are establishment that accepts bitcoin as payment however my wants and needs were not on that establishment, I mean there are only few of them who accept bitcoin so I prefer to cash out and buy what I need in the store when I used to shop.
1530  Economy / Trading Discussion / Re: Trading is unpredictable job. on: October 11, 2016, 07:12:20 AM
Unfortunately, right now trading is not making people much money because the price is too stable. A better way to add bitcoin during tight trading ranges is by lending. I choose to do a combination of lending and trading.

In bitcoin yes the price is almost stable but with greater number of it you could feel the surge. In altcoin though, there is always a lot of movement. It fluctuates everytime because of the cheaper price, a lot could afford it and the demands goes up.

It would not be and ideal to trade on bitcoin if you  do have  only  small amounts on  it because  you wouldnt  really feel the   profit when  you intend  to sell.  Yes  bitcoin price is  somehow stable for now  and  only  moves a  little  compared  to altcoins which you could somehow make decent profits  if  you correctly invested  to a certain potential coin though.

when we trade, it is always a good way to have a big bankroll in order to get some significant amount of profit. Otherwise, you need to value and be happy even in a small amount of profit. When you get the hang of it and is now comfortable with your betting, then it is high time to invest more to your bankroll and apply your strategies.
If you proven yourself already that you can make money in trading you can always start with a bigger bankroll, there are many ways you can do in order for you to raise a big amount of money even borrowing from bank if you can guarantee that you will make regular profit.
1531  Economy / Economics / Re: How to save money. on: October 11, 2016, 07:08:14 AM
the good thing to save money is to always think to save and no more spend it but in case of emergency like some accident in your family you can use it..
But for other things dont spend it just always save until you reach your goal..
I think you can not resist spending continuously because every person must have needs and desires that they should buy. the strategy is to buy your needs but should you buy cheap, and do not be too extravagant to buy goods you desire
Of course we need to spend for our needs otherwise we will not survive in this world. However, we have to put in mind that we should not live a lavish life if we want to have a good amount of savings in the future, whatever we have now might be gone in the future if we will not be able to take care of it.
The best way to manage your money is to separate the 5% of your net income and put it into saving and do not ever spend it anymore that is for your future.
You need to do that in a discipline way, if you are saying like 5% it should be that fixed percentage. Actually only few can allocate a savings of their income because we have a lot of needs in life and also we have wants that we cannot control ourselves to buy it.
1532  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: October 11, 2016, 07:06:09 AM
for me it's depending about your interesting, for simple using, simple saving bitcoin is the choice.
but for get the 'feeling of holding" , usable, stable long tem gold is the choice.
Depending of money you have, if you are rich no need to hesitate to invest in gold but if you only have little money better to invest in bitcoin and soon if you will be successful in bitcoin you will be afford Gold in the future.

Yeah, it all depends on the amount of money. If a lot of them, you need to invest in gold. The risk of this is small. But if money is not too much, you can take a chance and buy Bitcoin
Bitcoin can give us a good profit in the future if we will buy at the current price now, do not think that this is already the biggest success of bitcoin as it has more room to grow, we should pick bitcoins over gold because it is only very simple to invest here and make money.
1533  Economy / Economics / Re: Bitcoin can not replace fiat on: October 11, 2016, 07:01:14 AM
i do agree that bitcoin cannot replace fiat. and that fiat cannot be completely eradicated and i don't see it happening anytime soon especially now when bitcoin is still under development.
but i do have hopes in the future that it can be used in daily life as easy as paper money.

I also believe that fiat will still be used. Many still do not know about Bitcoin. It will take much time to until Bitcoin becomes equal to a centralized exchange
Some might know bitcoin but we cannot expect that they will be interested with bitcoin, the fact that bitcoin is only good for online transaction it has only limited features, fiat are both for offline and online transaction so fiat is more dominant than bitcoin and it cannot be replace by bitcoin.
1534  Economy / Economics / Re: Invest your bitcoins. on: October 11, 2016, 06:58:45 AM
I only invest my bitcoin in sports betting in nitrogensports and trading because that two only that i can earn bitcoin nothing else. I do that regularly and i am satisfied with my earnings.
What do you mean you have invested in nitrogensports? As far as I know, nitrogen has no investment program. Do you mean you are a handicapper that consistently earn money in sports betting that is why you call it as investment? Please enlighten me.
1535  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: October 11, 2016, 06:51:23 AM
It does like how mucb you value the things that you wear or you own. We people always rely on price to see the importance of a thing. If it doesnt matter then maybe you are one of those guys that are satisfied with everything. I guess i wont see you here if you have that thinking.

Exactly, in today's world everything's value depends on its price, everywhere you go for buying something first of all you see its price, the more expensive it is the better its quality would be, it is the same thing with bitcoin, if the price was not so high then it would not have been so popular in the world.
The price of bitcoin is increasing therefore people are trusting it, that is the reflection of the trust of the people as they will have more demands in bitcoin which will increase the price. Me, as an investor, I will keep promoting bitcoin as it can also help my investment to grow its value.
1536  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: October 11, 2016, 06:46:27 AM
I will not quite from my job to get full time on bitcoin, because the payment is more high than earning from bitcoins, it is more suitable for me becoming freelancer in bitcoins than go full time, except i was retired from my job.

yeah if you are earning a good amount already with your current day job why risk it right? better to just have extra earnings with bitcoin. though i've actually known people who also earn quite a good amount here but they do tradings and i think for starters it would be better to study it first while you have a stable job
You need to be fully ambitious to be able to quit your job, you cannot easily do that if you have a bigger responsible as you need a stable income although that is not big, in bitcoin there is no limit on earning if you are good in making money, however, the risk is also big and you might end up bankrupt.
1537  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: October 11, 2016, 06:38:38 AM
I dont know that still gamble if I am rich
maybe I dont have time to play it, I have a lot of money I can do anything to be happy in the world. Grin
Very well mate, you are far from risk because you are not in gambling to have fun, usually if a rich person do gamble they have also a lot of vices in life like having girls, drinks, and drugs, that is just my opinion based on what I see in the movie. LOL Smiley
1538  Economy / Economics / Re: Best way for steady income on: October 11, 2016, 06:35:25 AM
I don't think you can really find many jobs that pay you in Bitcoin, if not none at all. The best way to have a steady income is to just get a job and have ambition, or start a business and the good profit will come in time with it.

You are right, there are very few jobs that pay in bitcoin. But since bitcoin is very young, there are tons of potential opportunities you can earn from it. If you are an entrepreneur, I think you can find opportunities in it. But if you are just a normal employee type, I guess you have to look outside of bitcoin for a steady income. All you can get here are just enough for a part time job or extra income.
Do not compromise your future for bitcoin because you cannot get a stable income here, we might earn but only if we are too focus in the bitcoin world and under that instances you need to leave your job to focus in bitcoin, that is the risk you have to make if you want to earn a bigger income that in your regular job.
1539  Other / Off-topic / Re: Why would customers use Bitcoins? on: October 11, 2016, 06:30:33 AM
One reason is that they do not want to have their name involved.
When they buy access to adult sites for example.
So guaranteeing the anonimity of a user is a way of advertisement that could be used much more to increase the interest for bitcoins in general.

It is like "legal illegal" way of buying stuff.
Legal because there is no law yet pertaining to this and illegal because, yeah, anyone can sell/buy illegal stuff through bitcoin without being detected.
It depends on what you buy with your bitcoin, if you buy like drugs or guns that is illegal and you are accountable for that if you will get caught, although you are using bitcoin but the act alone is already illegal and punishable by law.
1540  Economy / Gambling discussion / Re: What is your average bet per game? on: October 11, 2016, 03:28:57 AM
Well, maybe in sports betting, I always bet BTC 0.005 until 0.007 once the match. so I can be more efficient in gambling, and not spend BTC exist in my wallet. I am always careful in betting, because if I bet a lot and lose, it will make me stressed. so I only bet with a little BTC when playing

You average bet per game is good to consider this is my range also but the maximum would be 0.005 BTC. Because I just do gamble what I do afford to lose. Because I won't accept that when there is a time that is going to lose my big bet into any gambling game. That is why it is my responsibility just to control the way I gamble.
That's a good amount for an average earning as well, in my case, it really varies on the instance especially on the type of game. I love sports betting and I love basketball, so during playoffs time, I am putting bigger than during the regular season, like 0.05 to .1 BTC per bet.
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