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1581  Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge? on: June 03, 2017, 02:35:40 PM
I just asked my friends if they know the bitcoin therefore if they have no idea what is bitcoin I just asked them if they want to have an extra income then, if I seen them of interest I just explained them how to have an account and how to earn bitcoin. That's my way of spreading bitcoin knowledge.
Actually you can simply practice in fornt of them how bitcoin works virtually and in reality.
Bitcoin as a digital currency could used to buy stuff online and for some place it has offline merchants.
Show to them about it and explain immediately how easier your life with bitcoin .
Yes I agree this is a very good idea to let the people that it really works, actually one of the main problem is that very few people believe in the virtual concepts, even the young generation hesitate while you talk to them about something virtual.

The only reason for it is that we still believe in the tangible stuff only. People hardly believe in the intangible stuff and when it comes to investment and profit stuff they become very skeptical. Anyway providing a proof about the sale and purchase stuff is a nice idea for those who don’t believe.
1582  Bitcoin / Bitcoin Discussion / Re: Give your child/ren a bright future! on: June 03, 2017, 02:13:42 PM
To all parents and soon to be parents out there,
I believe that if you start storing bitcoin for them now, a bright future is ahead of them  Wink
It is always a good idea for parents to invest wisely for the bright future of your kid,but you must have a diligent study about the future before investing your hard earned money,you must have a good entry point and if you are able to do that then it is a worthy investment as you could double or triple your investment in a short period of time.
Well yeah the investment could easily be doubled with the ICO’s projects in a short time as compare to the investment of the bitcoin which at the same time is huge and its growth in short term is slow ad compare to the Alts.

By the growth I mean the growth in the price of the bitcoin. I am not saying to spare the Bitcoin and follow the Alts but if you have a better chance in either of them just go for it. For the parents Alts is the best I guess while for the others the Bitcoin is good.
1583  Bitcoin / Bitcoin Discussion / Re: What to do with the people who don't like Bitcoin? on: June 03, 2017, 11:34:08 AM
If i encounter with people who don't like in bitcoin, i will them the importance of bitcoin especially in our needs and most of all the uses of bitcoin in our billings. I want to tell them how bitcoin help to my needs and the better future of my family. And i still try to convince them, and explain the benefits of bitcoin and advantage. And i will prove to them i use bitcoin.
Suppose you tell this whole story to them and they at the end are not satisfied or someone say to you that he is not into the technology age then what will be your response to them? In short is do not only tell that what can happen or the bitcoin can turn your life for better. Let all those people witness the positive change in your lifestyle and then you will see people will come to you and will ask about to how to become a user.
1584  Economy / Trading Discussion / Re: About investing in Btc on: June 03, 2017, 10:02:58 AM
I suggest you if you have money and also you want to invest in bitcoin or in altcoin trading than take a step with gumption and Courage. In trading, no doubt if you are doing first time, than you must be feel nervousness, but i really want to you, you should invest you money in bitcoin. Because after few months bitcoin would be rise more.
Yeah you must take a step in the investment but be wise and I suggest to go through some research work by yourself, there are many people who are dependent on the youtube videos and on some other people analysis. I prefer working by myself and make my own analysis and believe me it really works. Therefore I suggest it to all my mates to study before you invest and then enjoy the crunch of the profit.
1585  Alternate cryptocurrencies / Speculation (Altcoins) / Re: which coin is best for tradding??? on: June 03, 2017, 07:59:54 AM
Nowadays  there are so many coins threads in the altcoins section of forum. But i always check ICO/bounty threads beforehand  beware about campaign rules for specific coins. Right now i have 5 altcoin investment which i am not going to sell them before gaining 300% positive ROI. There isnt secret to invest to this new fresh born coins,it is just old strategy by known traders: Buy and hold till maximum later sell it before correction on markets Smiley
Yeah this is what I guess most of the investors and traders follow. I personally am more interested in the ICO. Though I have invested in some of the top 10 currencies so that to mitigate the risk and beside it I invest in the ICO’s which are more likely profitable. This strategy is very helpful for me.

I must say that the ICO’s are good for investors with a small investment as compare to the others with high prices and rankings on the chart.
1586  Economy / Trading Discussion / Re: Best Investments on: June 03, 2017, 06:48:01 AM
best investment can be made in form of other altcoins. Most stable and fast growing altcoins are monero and ether rum which are good for investment
one of the best investment as of now is investing  your money in altcoin . Choosing right altcoin for your money gives you a lot of profit for sure. Many people now investing their bitcoin in altcoin because they see the potential to increase of altcoins. But you need to choose right altcoin . Like what you said ethereum and monero have big big future and they have possible of of them become like bitcoin price.
Yes there is a lot more profit in investing in the alts as compare to the bitcoin now a days. The alts have a great potential to increase the capital you invested to make it double and triple in a few days and on the other hand if we compare it with the bitcoin, the bitcoin no doubt is a very secure investment but you have to wait for a very long time to make your invested amount as double and triple.
1587  Economy / Trading Discussion / Re: I have about 50$ where to invest ? on: June 02, 2017, 10:00:31 PM
I think u can invest on low market cap altcoin if you want to make huge profit.or you can invest in a good ICO.That's totally my personal opinion.
But there is a bitter truth that a coin that starts with too low of a price never jumps much higher, you can't even name a single coin mate that started with 100 satoshi and now trades at anything significant.
I am not saying that invest in coins that smart big but something moderate is always good, like any coin starting with 0.0001 and has a good team behind them, maybe try darcrus ( DAR )
1588  Economy / Speculation / Re: Are you enjoying the crazy Bitcoin price rise? on: June 02, 2017, 09:05:17 PM
I really enjoy current prices. Over 3 years i have been waiting for $2000 and it's happening now. When i receive salary, i spend 5% on bitcoin and use it for trading.
I am glad you too enjoying it, basically I never even in my dreams thought that bitcoins would reach such a significant value in such a quick span of time. I am not sure what's the end of this continuous rise but for sure if this keeps on going like this I will be rich in no time. As I hardly spend bitcoins and due to the fact not many local traders I never quite sold my bitcoins too, though I sell a few in need.
1589  Economy / Economics / Re: Make money from money on: June 02, 2017, 08:46:33 PM
What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?

What are the factors that make these people successful in their investments?

Wise thinking and good decisions are good key factors for succesful investments. Even if you have billions to invest you might loss it without good key factors. But im amazed by those people who rose from nothing to something.
When having those good key factors, there will be everything possible for them to rise to billions from nothing. Making money from money must be an art. But we could not learn it from educational institute. We need to learn it by ourselves by understanding the buying power of money.
1590  Economy / Economics / Re: How to teach kids about Bitcoin? on: June 02, 2017, 08:06:57 PM
life will be easy if kids learn early how to earn or manage there money's
parents will be prove of it ...
but many cultures world wide are moving toward spending economy instead of focusing on "saving economy". Basically bitcoin always brings saving habits to its adopters and hence we can expect teaching kinds about bitcoin ecosystem might get them many positive aspects of life like saving money for better future.
1591  Economy / Economics / Re: New rich people thanks to BTC on: June 02, 2017, 07:51:10 PM
By 2020 January you might need only one bitcoin to become a USD millionaire. Yes, bitcoin has already started its travel toward moon and hence we can expect prices to reach in millions in very quick time itself. I guess before next halving we may have bitcoin prices into millions.
1592  Economy / Marketplace / Re: What would you like to buy? on: June 02, 2017, 05:42:36 PM
In 2020 I just want to buy house using bitcoins, also in 2022 I just want to buy car. This is the thing I just want to buy using Bitcoin, because my salaries were used only to my family. That's why I cannot afford to buy this thing I want.
I am hopeful that in 2022 you will be able to buy a house using bitcoin. because it is depending on the users of bitcoin and the government, if the seller become ready to accept bitcoin for selling a house. and if the government consider bitcoin as legal currency so that you can pay the tax to government in bitcoin and they government tax collector department can accept bitcoin for tax, then you can really buy a house using bitcoin.
If you go for intensive search, you may find real estate dealer for bitcoins or you can have intermediate people for bitcoin payments for real estate deals. There are many people who are loving provide such services of bridging bitcoiners with their needs. They are earning some percentage cut in those deals, that is the reason it is viable for them.
1593  Economy / Exchanges / Re: Why don't exchanges run their own bots? on: June 02, 2017, 02:57:11 PM
Exchanges likely do run bots that we cant access or do not know about. It would be easy for them because they can see total orders and do extra calculations based on the balance of users. They have more data suggesting what time.people buy and sell certain coins. Gox had an internal trading bot that drove up the price hard.
The bots you are taking about has nothing to do in trader's perspective. Not just exchanges, now a days all the business both physical and online businesses are developing bots to quicken some of their routine works. Now a days even a common man can have bots for his browser related routine stuff even if he has zero programming knowledge. I read few new exchanges are working on providing bot services as value added services. It will be their another income generation methods.
1594  Economy / Marketplace / Re: Who's paying for transaction fees in Loan? on: June 02, 2017, 01:29:16 PM
Naturally, the lender shoulders the transaction fees or this will depend on the agreement of both parties. If the loaner agrees that he will shoulder the fee or the other way around then that's it. Since this is lending, obviously that the lender will gain from it so the transaction fee paid by the lender will be covered by the profit gained. Also, in returning the loaned bitcoin, the loaner will be responsible for the transaction fee back to the lender so it seems like a break even to me.
But when the borrower needs to pay the transactions fees while re-paying the loans, it seems micro loans will be no more meaningful at least those short term loans. For micro short term loans, lender needs to be responsible for paying tx fees and needs to accept to deduct fee amounts from interest portion. Otherwise, borrowers may need to pay more for transaction fees than what they are paying for interests.

In that case, it may seem like paying out double the interests. I am sure that bitcoin lending must be a business getting affected due to bitcoin's scalability issue.
1595  Economy / Gambling discussion / Re: What do you feel when win in gambling? on: June 02, 2017, 07:39:58 AM
While getting a win what strikes my mind ia, can bet more without the fear of losing my wallet balance. Most of the time consecutive event gives me victory and the greediness to place big amount on events get me into a big loss. Happiness accompanies when the consecutive event winning happens creating a big sum to be used for Betting.
That's right. One problem with me is that I start to bet higher and higher amounts as I win in gambling.
Suppose I am playing dice with base bet of 0.0001 btc and the bankroll of 0.1 btc then if my bankroll after consecutive wins becomes like 0.2 my base bet increases much more like 0.0003 which actually is a big mistake since I am just betting for loosing by increasing my bets Sad
1596  Economy / Gambling discussion / Re: what is the fairest bitcoin betting game you know? on: June 02, 2017, 06:52:26 AM
There is no fair in gambling. It all about take your own risk. And there is a rule and the players must know it. In bitcoin you can gambling online. Every spin might double your money or triple your money . But if you earn a lot then you should stop. Because winning is good in the feeling but if you know your losing, quit as much as you can.
Not just in gambling and not just due to bitcoin based systems, everywhere the fairness of a system must be ensured so that people will prefer joining there. You cannot simply climb that there is no fair in gambling. If it is so, there could be no such gambling industry could survive till date. There are many fairly dealing gambling sites and also they are providing many facilities to cross check their fairness.

On the other hand, gambling is always have big risks and we need to accept that to deal with it. But it does not mean the system does not have any fairness.
1597  Economy / Gambling discussion / Re: Is winning at Sports betting actually possible ? on: June 02, 2017, 06:13:10 AM
Not sure why OP asked this, but I think it is extremely possible but not at 100% accuracy.
When gamblers get frustrations out of match fixing kind of unexpected things, people are coming with such question even sports betting is the most preferred way of gambling for many gamblers here. Compared to any other gambling types, for me sports betting is more than 90% accurate for hitting profits.

You can get a perfect bets but that's just a lucky bet maybe. Sports betting is still gambling, and there are chances that your prediction might have been right but the problem is that the star player got injured.
Other than injuries, there are a lot of other factors which are influencing the results of any sport. For example when the opponent team includes a new player, we might get different results as there are many possibilities for one single player to change the course of entire game.
1598  Economy / Gambling discussion / Re: What is better? To gamble or to invest? on: June 01, 2017, 08:29:47 PM
All investments are risky.  A lot of things that people expect never to lose them money, like real estate for example, can sometimes drop loads and some things can even end up going to zero.  It's easy to get cocky when you're dealing with these things but remember that low risk can actually be quite high when paired with low returns.
Yes all the investments are risky some are more and some are a little risky but we cannot say that there is a zero risk element in any investment, because of the systematic risk factors. One can only measure and minimize the unsystematic risk which are basically most of the time in your control. On the other hand when we talk about the systematic risk, it is totally out of control of the human beings.
1599  Economy / Economics / Re: Why Bitcoin has power nowadays ? on: June 01, 2017, 07:35:51 PM
I support the opinion "deisik". Why would someone put themselves above others. I am sure that the forum not only in communication between professionals, but to promote bitcoin around the world. You can really see a lot of Fulda in messages, but it allows people to earn how Satoshi and promotes the popularity of bitcoin. It also increases demand for bitcoin and its price is increasing. Ultimately newcomers gain knowledge and experience and received the income due to the growth of bitcoin prices. Throw a stone at me if I'm wrong.
Yeah I too agree this is a discussion forum with people from all around the world with different traits, norms and cultures, there are some people who use slang language while they are expressing their opinion. It not really a great matter to be discussed because we don’t know where is the person from maybe this is the common style of conversation at the place they belong to.

In this whole scenario the moderators do have a role to play if someone is using too much ill decent language the moderators warns them and they have ban many as well playing their part of the game.
1600  Bitcoin / Bitcoin Discussion / Re: Japanese Airlines to accept bitcoins soon on: May 31, 2017, 07:24:05 AM
https://cointelegraph.com/news/japanese-budget-airlines-will-accept-bitcoin-in-2017-install-btms-at-airports

According to this article, Japanese Budget Airlines are going to accept bitcoins this year. They declared that later this year we can now enjoy flights without bringing our wallets but our bitcoins in our smartphones. As part also of their new innovation they have installed BTMs or Bitcoin ATM on the airport for the convenience of their customers. With this we can expect an increase in tourist visits to Japan.

That's great, and it will be a good start for other countries to recognize Bitcoin . Also, the process will be much faster since people will use their smartphones making the adoption easier.
Yes, this is great and I guess this is no wonder anymore because the Japanese government have already accepted the bitcoin as a medium of exchange so instead of any other currency so now bitcoin can be used for the purchase of air tickets.

Not only the airlines will almost every institution accept it in Japan as they have knowledge of the bitcoin power. When your government accepts it then you have no other option to welcome it.
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