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1621  Economy / Economics / Re: Best way for steady income on: December 18, 2016, 10:49:07 AM
I prefer a combination of trading and lending. Still it's difficult to have a steady income because of the unpredictability of the price.

I tried trading. I tried lending. I tried selling stuff. I tried gambling. And I fully agree with your preference.
  • Gambling - Too risky. You might lost all your coins!
  • Selling stuff - Good. But you don't have unlimited stuff to sell to. So you can't call it "steady".
  • Trading - Good. The higher investment the better. Also choose a trusted trading company.
  • Lending - Good. Just beware of scammers. Evaluate your borrowers thoroughly.

And so does everybody else. No resource is unlimited in this world. If your products are all sold out, then you just have to restock. And if you don't want to run out of products to sell, when you've sold 3/4 of the products, then restock right away. So it would appear as if you have unlimited supplies in the buyer's point of view.

Buying and selling products has been a good way to earn money for a lot of people. Once you've established a good reputation, got loyal customers, and have a good team, you don't have to worry that much anymore.
1622  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: December 18, 2016, 06:32:41 AM
New signature campaign from SPECTRE PPP. Here's their main thread campaign https://bitcointalk.org/index.php?topic=1718571.0
***Note: Only for Sr. Member+
Thank you! Smiley
1623  Economy / Economics / Re: Best way to manage money? on: December 15, 2016, 01:07:47 PM
How to manage money?I can deliver you a very easy solution to find out a easy process to manage money.However,in my opinion we should change our mentality to save some money in our daily life purpose.It's very effective and east too.In my personal experience i can give you 100% guarantee about that without facing any difficulty.

So how's your way of managing money effective has been effective to you? Would you mind if you can share it here for free.

Because with that type of saying, you are probably going to offer that with fee, just like what I can see with the forum ad space.

I'm just curious and interested to that process you are saying.
Might as well be a copy+paste of some advertisements. The words that he used sounds all so familiar and that surely sounds like someone selling an e-Book online of his success experience would say. Most of them say that they have this method and it guarantees you good result. They say that it's what they've been doing and so on so forth. This type of manipulation is very common. They make you interested about something but let's you pay to get more details about it.

If you really want to manage your money, I suggest to not buy some eBook like this. It might be just some pretty basic method which anyone that has the right mind can think of. There are books and subreddits out there dedicated for managing your money. Don't waste your money for something like this.
1624  Other / Off-topic / Re: Who controls the Bitcoins? on: December 15, 2016, 12:59:04 PM
As stated, Bitcoin is not controlled, that is what makes it great and innovative. Everyone controls his own Bitcoins and everyone has a role, smaller or bigger. The price depends on the demand and supply, so users of Bitcoin alltogether control the price.

And the demand and supply simply depends on money. Some people have a lot of money and that's why they have bigger roles than others as mentioned in your post. Bigger roles means they can affect the market more significantly than normal users. I still believe that no one is playing with the price of bitcoins right now. No one is controlling it right now, they're simply letting the market move by itself. But eventually, the whales would start moving. Because if they don't, then what's the point of them being in the game and waiting for so long. Grin
1625  Other / Off-topic / Re: How many Bitcoins are lost forever? on: December 15, 2016, 12:47:17 PM
I think we lose about 1 bitcoin a year or even more. Think about it. A lot of people use bitcoin and they put their bitcoins onto an address then they just forget about that small amount and they lose the private key. Multiply this by a million people then we lose that much bitcoins. Even if its a small amount of satoshi, one or even 100 then that a lot.

That is just some "think about it" thinking or simply speculation. Even if my reply to you is also pure speculation since we don't have a way to find out a way to make statistics, I think that 1BTC a year is such a low amount for how much bitcoins are lost forever. The early investors that didn't actually care about bitcoins or probably forgot where they hid their private keys, that makes up thousands of coins already. The bitcoin users that dies, loses their private keys, and all that makes up some more coins.

I also don't think that we're even a million in population so there's not a million people losing their bitcoins.
1626  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: December 15, 2016, 12:32:46 PM
I figured WhyFuture should be in Flux since they're only open for applications for 48 hours every week and then closes it again after.

Thanks for clarifying this. I normally do check this thread to be updated and the campaign has been paying and and paying on time, so I was bit surprised to see them move into Flux, though now I understand your decision, but just a query won't new users get confused seeing it on front page? Or that's how it works, cause the campaign has paid always that's why asking.
I get that the meaning of FLUX is kind of confusing because it means the campaign is in between closed and accepting. So a newbie would think, is it really closed or is it accepting? But if you take a look at the thread of WhyFuture, you will easily notice that every application is ignored until the actual time of application for the week. That's a pattern and I don't think the manager misses saying that "Applicants are able to apply in 48 hours" or something similar.

The payment has nothing to do with it. The only status that has something to say about the payment is the PNYC (Payment not yet confirmed). The rest of the status have already been confirmed that they're paying although they might stop paying at any given time.

If you have any more questions regarding the table, feel free to ask. Grin I bet new users also have questions but are afraid to ask.

There is no doubt that the campaign runs FortuneJack as a service.
The new owner says that her name is Irine (which I suppose is a girl's name). If someone would have the time to look at the posts in the FortuneJack account and see if there's some introduction from the old owner as well and the name's do not match, then I was right on placing them on PNYC.

But there's no worries about this, to be honest. Since the site is still the one that will pay you.
1627  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: December 15, 2016, 12:04:19 PM
Why the government issued a certain currency?
There's a lot of answers for that question if you try to make some research. But there was no bitcoins before, it's not like the government has made fiat currency to avoid and hide the use of bitcoins. In addition, it would be quite complicated if there was only one currency so governments need to have their own currencies. The value of a country's currency also indicates how much they've grew.

Why people can not choose their own favorite "currency" as currency to trade?
You actually can. You're not just doing it. You can do that in Paypal and other websites. It's digital money, so converting it is no trouble. On the other hand, when it's in fiat it would be harder because you have to pay conversion fees and most stores don't accept a foreign currency.
1628  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: December 15, 2016, 11:56:14 AM
It killed it already

We're far from that. The number of bitcoin users isn't significant enough to say that the use of bitcoin has killed income taxation. There's still people out there that are getting paid in fiat and will continue to get paid like that in the next couple decades. The only ones that really get to avoid paying income tax are those people that work online and even if they're not getting paid in fiat (i.e. Paypal), they're not going to pay tax at all. Unless they're having huge transactions in their bank accounts which surely be questioned eventually.

Bitcoin will only kill the income tax when companies in real life start paying you in bitcoin instead.
1629  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: December 15, 2016, 11:47:02 AM
I don't think Fortunejack need to be in FYNC category.. everything is same. they just re-started the signature campaign to evict spammers. it doesn't make them untrusted..
the owner is same, the website is same.. they never used Escrow. they are not using escrow now.. but they paid well before. so there is no doubt they'll pay again as well.
Is it managed by the same person? Because the FortuneJack account has recently changed their password and email address.

You don't have to quote the whole table. Just do -snip- or something.
1630  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: December 14, 2016, 05:57:15 PM
ofcourse i agree . We can easily withdraw with that bitcoin bank Smiley
why do you trust someone to hold and controll your money while you can controll them by yourself,  i know that everyone has their own opinion over this topic, however i just dont get it with those are claimed that bitcoin bank is a good idea,  imagine if you have million dollars in bitcoin and you stored them out there, if you do anything illegal or something bad then they will close/freeze your account since they have ultimate controll over your wealth.
Simply bitcoin bank make our bitcoin are no longer decentralized.

I have nothing against banks but this guy is right. Most people agree with the idea of bitcoin bank because they think that it'll be more secure. If you do not know how to make your bitcoin wallet secure, then learn how to do it. Just a simple search in google and you'll get thousand results. Most of them are helpful, but you gotta check your computer for virus and keyloggers first.

On a side note, I also think that these people trusts their government and so it's okay that the whole point of bitcoin will be neglected and just surrender their coins to a bitcoin bank made by the government.
1631  Economy / Trading Discussion / Re: How to be a good bitcoin investor to prevent scammed on: December 14, 2016, 05:44:37 PM
For me, to be a good bitcoin investor we need to be a wise person. I had tried some invesment company, they paying or legitimate but in few or short days,weeks or months they will run away; they will not paying anymore.

Tried and tested tips:

1. Invest bitcoin if the company is 0-10 running days.

2. Make sure that the deposits, withdraws and member is increasing.

3. Search for more information about that company.
I think number 1 is not a good solution better to ask for other people or post a thread here it is more easy to do and many experience about those ponzi..
For me i can say i never trust all of them ponzi site it is better to invest in trading but we can not guarantee that trading will never scam because sometimes trading site can be hack like other trading site before.. all investment are risky but choose wisely so that you are far by scammer.

I think the number one is a 50-50 thing.  Assuming that the site will be paying at first to attract more investors and after reaching its quota it will simply be gone

like nothing so you can really gain profits when it is new. Note that this thing is very risky that the lucky ones are often the ones experiencing this. The negative

side of number one is since its new site reviews are not often found so there is only a little amount to base if its legit or not. In the end if you don't want taking

things with high risks then just stay away with these sites.

This people think that they're going to get some profit out of hyip sites because of the people promoting ponzi sites showing them fake transactions or some kind of success stories. They say that they get all those money out of this site and that attracts referrals. No matter how new an hyip site is or no matter how long it has been running, it still can run away any time. And you'll just know that they're gone when all your withdrawals are stuck in the pending status.
1632  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used for Good? on: December 14, 2016, 02:50:53 PM
Of course bitcoin can be used for good, because bitcoin as a technology is simply nothing less than a revolution, and when people actually realise the potential of this technology, sooner or later, they will switch to bitcoin and ditch fiat.

Fiat is an endless hole, if you save your money in fiat, then you can expect to never see it again.

And together with this people are the criminals. When criminals realize that there's no paper trail or anything in bitcoins, they will switch to using bitcoins as well. In most third world countries, no criminal would bat an eye on using bitcoins but in more civilized countries, they surely would embrace this currency. People have been using social media sites to look for drug dealers and sort, they'd think might as well use the internet to have the payment too when they find out about bitcoin.

So I think people realizing the potential of bitcoins will always have some bad people abusing the idea. But meh, no difference on how fiat's being used right now anyway.
1633  Bitcoin / Bitcoin Discussion / Re: If bitcoin died tomorrow on: December 14, 2016, 02:34:02 PM
If Bitcoin will die tomorrow without any without announcement then lots of people will cry because Bitcoin are known world wide now and most likely lots are using it especially in online gambling, many people will be affected with it and will surely get bankrupt. But on the other hand Bitcoin will not die instant price will drop but surely it will go up again because that is what Bitcoin has been doing for many years now.

I suppose that bitcoin "dies" means that the price becomes zero or somewhere near it. I really doubt that it will reach that price because some people will start investing money when the price has significantly decreased. But let's assume that some force or for some reason, the price of bitcoin did hit 0.xx$. The only reason why bitcoin would hit that price is because almost everyone has already dumped their bitcoins, otherwise the price should be higher than that. That means no one likes to invest in bitcoins anymore, it's basically destroyed. I don't think someone would pick it up even for that price. Maybe some people would buy some because the price is cheap, but I don't think they would be enough for bitcoin to get back on track again.
1634  Economy / Economics / Re: Is it better to save money or invest it? on: December 13, 2016, 03:35:20 PM
Its better to just save your money and invest on a later moment because investing now will let you invest a lot of money just for even one bitcoin.
Meaning to say that you're assuming later on the price of bitcoin would be lesser? Why would you wait for the price of bitcoin to decrease before you invest? If you think the price of bitcoin right now is huge, then convert it into fiat first and then use that money to invest in real life. But if you're going to invest it in bitcoin form, I really don't see the point of waiting because 1 bitcoin would always be 1 bitcoin. And all that waiting can already have made your bitcoin grow already.
1635  Economy / Economics / Re: Best way for steady income on: December 13, 2016, 01:56:39 PM
For those of us who don't have the capital, then we have to work hard, diligent saving, if already accumulated capital to open a business, then fix the system and start thinking about the future.

You should be more specific on what type of business you are going to make for starting. For me, it is better if you are running an exchange site.

Not to be pessimistic or anything, but making an exchange site is really hard to do. It's not just all about accumulating the needed funds. We all know that you can't have a capital enough to make an exchange site by just having a day job, unless you have a really decent job and spend as little money as possible.

Aside from accumulating funds, you also need to have connections. Programmers, developers, investors, beta testers, support staff, which all would cost a lot of money. It's a lot of work and would take years.

Ask yourself first if you really want to compete against all these established exchange site first before you do all this work.
1636  Economy / Gambling discussion / Re: Putting money in lottery is gambling too? on: December 12, 2016, 02:38:27 PM
Yes, Putting money in lottery is a gambling because even with the low chance of winning you still risk money just to win the jackpot even if you are risking small amount of money it is still counted as a gambling.
It's easy to understand that although it does not affect us hard financially since the amount we have to pay is just a small amount but there's a chance to win big. Actually, I played lottery and it's better than a regular gambling games where 50/50 chances is given because in lottery you cannot be addicted as even you lose you can accept easy since you understand the chances you have.

Well, you only think that because you don't realize that you're already addicted in lottery. You just have to buy a lottery ticket every single day, and that takes ~24 hours before you can "place" a bet again.

People bet on lottery every day, but still think that it's not significant enough to damage their monthly budget. In the long run, when you compute all of the money that you've spent buying lottery tickets, you'll realize how much money you should've saved instead.

There are posts online that says the chance of you getting killed while you're on your way to buy lottery tickets is even higher than the chance of you winning the lottery.
1637  Economy / Economics / Re: You should never trust banks on: December 12, 2016, 02:30:10 PM
To be honest I still trust banks and my bank is even considering making their own cryptocurrency so I think that is already saying enough right ?

"Considering" you're right about that. Banks are thinking of making some experiment and trying out to make their own cryptocurrency but that's not enough reason for you to trust. Even when they start accepting crypto or even make their own, they would still have the power to lock your account. There's no point in putting cryptocurrencies in a local bank, honestly,  especially if you know how to make your wallet secure.
1638  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: December 12, 2016, 02:11:34 PM
You need to trade with money that you are comfortable losing, then the fear is eliminated. For example if you traded with 100 satoshis, you will not have a fear of losing your money.

You just need to find that amount for yourself, it's different for everyone.

Well, a total beginner would be too scared to even put a dollar invest a dollar in altcoin trading. I think that you don't have to actually force yourself to overcome your fear of losing money. After the long process, it would come to the point that you have already overcome your fear. You might not even notice it. When risking money becomes a normal thing to you, then that surely is the time that you've overcome your fear.
1639  Economy / Economics / Re: How much money do you have left from your job? on: December 12, 2016, 01:43:06 PM
In my country i am getting only 250$ per month after tax and everything i will be getting some 215$ monthly so still i am living with little money but not sufficient for me but even adjusting with that. As i am looking for more income working on different free online in online but not making much money.

Were having the same problem, aside from big tax my salary is not enough to feed my family. ANd so my online job has helped me to double my salary from my job and it really helped with my finances. Now, i can provide and buy clothes and other things that I cannot buy before since my salary only allows me to purchase daily needs. Thanks to bitcoin.

So your family is already malnourished? You said you can't feed them, then how did they survive all that time that you didn't have online income yet? The posts in here really confuses me. At first you said that you weren't able to feed your family and then at the end you said it's enough to buy daily needs.


In my country i am getting only 250$ per month after tax and everything i will be getting some 215$ monthly so still i am living with little money but not sufficient for me but even adjusting with that. As i am looking for more income working on different free online in online but not making much money.
You don't have to live like that and you know that. Just use whatever knowledge that you have, offer them to people, and get paid. At first it would be hard because people don't know that you're offering to do that job (example: fixing stuffs in the house). But once people get to know that you do that, they'll just go to you by themselves. No need for you to advertise yourself every time.
1640  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: December 12, 2016, 01:36:22 PM
I think it could have happened, but bitcoin will not kill the country's revenue from taxes 100%. Because we know that not all items can we buy with Bitcoin. Just my opinion, thanks

That's not the reason why bitcoin cannot kill income tax. Not everyone's into this thing. The number of bitcoin workers is nothing compared to the number of people paid in fiat. There would always be people paying income tax even though they don't want to. And trust me, you don't want every single person to skip paying their income tax. A lot of public services that you use are from the tax that you're paying. Maybe your government is corrupt or something but you still have to pay your taxes.
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