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17621  Economy / Economics / Re: Loans too risky? on: October 31, 2016, 03:14:44 PM
It is easy to apply online here in forum if you have a very good collateral and you had been trusted by some of the trusted people here. But many lenders are still depending on your source of income, so that they have assurance that whenever you are going to borrow. They have assurance that you are going to pay your debt.
I have tried applying for loan on the forum, despite the collateral I have, I was rejected and given a very bad review which made me stay very far away from those lenders, they can be very cruel at times. Just respect yourself and find hardwork to do so you can solve your problem instead of seeking for loan that you may never get.

Each of the lenders has their own requirements and standards to allow someone to borrow their money or bitcoins. Don't be upset on it, that can be a lesson to you that even you have a collateral you can't still predict that your loan request or application will be granted easily. You are right with that, just find a good stable job and work for the money that you want to borrow.
17622  Economy / Trading Discussion / Re: Multiply my btc on: October 30, 2016, 03:24:11 PM
This amount is not very big of you are looking for a decent return on your initial investment. I would recommend investing in a casino bankroll as they usually accept investments from 0.01 and you will get some return over a long time. I would recommend crypto-games and just-dice. Try them out for a week and see if it's enough.

Thinking that way too but with that amount of investments I will going to push myself through to get some decent profit out of that. And if I am able to get some profit already from investing into casino bankroll, then the next step would be investing into trading of alt coins. Because I am inspired by a lot of trader who get decent profit.
17623  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: October 30, 2016, 02:38:50 PM
I do not hope that it will be possible to buy Bitcoin and costs $ 100. Those days are long gone. Now completely different prices Bitcoin. And it would be even more expensive in the future.

There is always a possibility to everything so as long as bitcoin still exist there a chance that the price could be going down to as low as $100. You wont really know when all those hacker going to dump their coin and if they really do so then it could be even much lower than $100

Let's just don't think that the price will go down, because I know all of you here does want the price of bitcoin to keep on pumping and I know no one here is able not to hold some bitcoins. Not those hackers are the ones that usually will dump their coins but the whales that who are holding a lot of bitcoins so they are the ones who are going to contribute a lot with that fall but let's don't hope that it will happen.
17624  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: October 28, 2016, 01:16:46 AM
the price of bitcoin really matter for each and every miners who support the coin in a big way and they have invested a lot of money into it and turned mining into a big business and the price of the coin really matters to them,it wont be profitable for them if the price of the coin goes down and may be all the big miners are holding the price ,so price really does matter for most of them

Well you are right with it and for me the most affected ones are those big individuals or the so called whales who are holding a thousands of bitcoins or even millions of bitcoins to their cold storage. And with just a small increase for the price, it is going to make them millions of dollars that is why price really matters in bitcoin.
Since they are whales it is understood that they are holding a big percentage of the total bitcoin circulation, and they have the power to manipulate the price if they want but one thing I can assure is that no matter what we see on the price, either it will pump or dump but still in the end the price will rise. There are reasons why the price will dump and always things that it is an opportunity to "BUY"..

Just like what is happening now, the whales are making the price of bitcoin pumps, I'm very doubtful if it is because of those whales or because of us who are making the demand of bitcoin higher and becoming a reason to make the price of bitcoin to increase. But I'm a bit scared on this, if there is pump, there would be dump also after it.
17625  Bitcoin / Bitcoin Discussion / Re: Do people really make millions of $ transactions? on: October 27, 2016, 12:40:41 AM
I'm sure there are a few people with millions in bitcoin and will move it to different addresses. There's no way to know if they are making transactions or just moving the bitcoins.

Yeah I know that too and I believe it that there are a very few people who are making millions of dollars value in bitcoin. But of course, they are not exposing their transactions maybe they are using a lot of addresses when transacting so that the sight of breachers or hackers are not going to get interested to their transactions.
17626  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: October 26, 2016, 12:43:31 AM
I'm from a poor country and Bitcoin helps me, does that count? Other alt coins help me too, and my family.

Well good thing that a person from country commented here and testifying that he is able to get helped by bitcoin and as well as his family. May we know from where specific country do you live? So that we will know if that is really a poor county.

Bitcoin is money and money is almighty.

Yes, bitcoin is money and we need money but money is not almighty none other than but only God. Because if you will going to treat money just like that, you will get become greedy.
17627  Economy / Marketplace / Re: Ebay/Paypal's ridiculous fees on: October 25, 2016, 12:09:46 AM
Well paypal hasnt a monopoly but the most people do trust paypla because you can dispute anytime any transaction with the seller or the buyer, the thing is they have a great service as well high fees.

Out of there great service well they are charging reasonable fees but for me, that is not really going to make their service to become used by more people. Maybe they are already got their investment since it was created, I think they should lessen the fees that they are charging when someone is going to have transaction.

If they are already awared that their customers  or   users  are  gradually decreasing  because of bitcoin then for sure they  would    intend to  lessen  their  fees soon. 
If they would continue  to implement  high  fees then  for sure  they would  make their  customers would  go  to bitcoin.

But they are not even putting their fees in promo because they are standing firm for their own charging fees and that is keep on stable. Well but I don't know if they are valuing their customers since they have millions of users. So they will not have a problem if they lost maybe hundred thousands of users still they will earn. Tongue
17628  Bitcoin / Bitcoin Discussion / Re: FUCK! The Bitcoin is dead again. This time for sure. on: October 24, 2016, 03:11:07 AM
Bitcoin will be never die bro.
I think It will be more valuable in next years.

It already died bro.  Just because it still has value due to lingering speculative idiots, the network is broken without any reasonable scaling solution.

There is a stalemate for two years now where one party Blockstream wants to rig up an alt to replace bitcoin so their proprietary system gets going.  While the otherside big blockers want to scale on chain.  But, Blockstream controls commit access and decides what goes in the next version of software. 

The system is dead. Just because morons pay $600 - doesn't somehow mean the software is functional.  The software is fucked.  Bitcoin is dead.  Died a long time ago.

Hehe dead and alive. good stuff since dead ones live longer

It s really dead, if the 21Mio limit falls and node + miner count = 21



I don't know if you are both certified bitcoin haters why not be happy for those people who are excited to invest with bitcoin. Because of them bitcoin economy is circulating. So as long as we are here morons who are supporting bitcoins that keep on buying, then bitcoin has life, it won't be dead unless we are going to be just you like you two.
17629  Economy / Economics / Re: How good are you at managing your money on: October 23, 2016, 12:00:19 AM
Well, managing my money is hard task for me. When i have money i will buy everything that i want that i cant buy when i dont have money. Especially food, I dont want to starve when i have money. Thats why i suck managing my money.

I think you should focus more on your goals rather than keep on spending your money everytime you are going to have your money in your pocket. There are a lot of people that has a very bad managing skills so you should do some research first on how you are going to stop that attitude that you are going to spend your money easily.
17630  Bitcoin / Bitcoin Discussion / Re: Bitcoin wallet in bank? on: October 22, 2016, 03:14:34 PM
I don't think that would happen mostly because banks don't want to take bitcoin and adopt bitcoin anytime soon, I think bitcoins is a money of the future and the banks would also take BTC in the future but not now... I guess a bank could be profitable if it's giving profit in deposits "in btc".

Well it is not really going to happen unless the is going to make it as their business partner. But for me, banks are seeing bitcoin as a threat to their industry and I don't think that they are going to adopt it as the value of bitcoin doesn't have stable value and they are not going to adopt it as they are not certain about getting profit with it.
17631  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 21, 2016, 08:11:21 AM
I keep listening to many people talking about that bitcoin will make bank disappear. And also many banks are making possible change of integrating block chain in their banks, very soon bank will disappear.

i see in youtube some video introducing about bitcoin and the disappear bank of it.
if every one using bitcoin, im sure bank can be bankrupt Roll Eyes
Its very hard to believe that everyone will start using bitcoin in future as people from poor countries will never have advantage to use them as they lack knowledge and they will prefer to use fiat money for their needs.

You got that right. Some people just cant afford it and some dont have time to study something again when they are all busy making money with their jobs. It is not for all now and we have to live with that.


That is good to consider because it is really impossible that bitcoin is going to make the banks disappear and how it is going to happen if the government is the one who are being accountable for the banks. And without banks no government will able to regulate the flow of the money. So I would say it is impossible.
17632  Economy / Marketplace / Re: Ebay/Paypal's ridiculous fees on: October 20, 2016, 12:17:20 AM
You need to remember. paypal is a company, BTC is a currency system.
Paypal is simply facilitating fiat money transfer.

I run a ebay store and my last invoice was $900AUD, for around $4k gross sales.
I only made around $1000 profit, so, my fees were equal to the same amount of my profit.
Literally half my money.
And i guess that's why a lot of people are needed for changing their perception about comparing the bitcoin with PayPal and change into comparing the bitcoin wallet service with PayPal and that is could be a more reliable thread.

I do remember some brazilian person which has made an exchange with me some years ago from paypal to payza, where he offered 15 dollars for 10 dollars into his paypal, i got around 13 dollars as im a Euporean citizen, when i made the opost i got scared with the print, those person with the same ammount got a fee of 40% or something like that, i dont remember well. Soo if you do join paypal and amazon your potencial profit will be left into those two companies.

Well that is making them more rich and got more profit because of those high charging and unexpected fees. That is why I don't use paypal anymore and when upon searching something at ebay. It looks interesting but upon knowing their true identity that they are the same as paypal and other payment processor, I didn't tried to visit them anymore.
17633  Economy / Gambling discussion / Re: Everyone looses in the long run on: October 19, 2016, 12:09:35 AM
Actually this statement can be argued with:

"Not everyone because there are surely some people who won big time without investing too much in the first place and then they stopped gambling the moment they won."

So they did not lose in the long run.

There are some people who are experiencing that and well you have the point that this can be argued. So not most of the time that gamblers are not losing in the long run. There are some lucky guy who are earning and winning in the long run depending on how they are going to manage their winnings if they are wise.
17634  Economy / Economics / Re: Is it better to save money or invest it? on: October 18, 2016, 12:28:06 AM
i think its better if you can do both. investing is a risky venture so you have to have some kind of back up in case things dont work out very well. that's where you're savings come in. so i don't think it should be a choice between the two

Well said, I am a huge supporter of having both. No matter what you do, you must at all times have savings for when you need it. That's why I don't understand why some people so easily say that they will invest their entire savings into Bitcoin, because they think it will bring them guaranteed returns. These people don't know anything.

Yeah savings should be our first priority as it will help you when you are in need of money very badly as investment can even go wrong in future and at that time only saving can take care of your expenses.

Well I am always remembering the quote of my own that "if you are going to be a good saver then you are going to be a good investor" so if you are going to manage your money and save it properly for somehow then for sure you are going to manage your investments properly. And as of now, I am just keep on saving and manage to have some trading.
17635  Economy / Economics / Re: Is gold better than Bitcoin? on: October 17, 2016, 01:27:00 AM
To be honest this gold-Bitcoin topic is debatable but I would go with Bitcoin has its value can easily grow faster than gold

Not that the controversial topic. Just someone used to invest in gold, and someone in Bitcoin. Everyone chooses what he likes
But those who will want for a high profit and faster profit will choose only bitcoin and those who will know about bitcoin will never put their money in gold but they will want more profit and that profit is only possible with bitcoin not with gold.

Yeah those people who wants fast income will choose bitcoin and that is why I'm going to choose bitcoin because the investments with it are easy and has very fast return for just days you can already see some good result unlike investing in gold is going to be needed a long time and the longer you are going to hide your gold the price of it appreciates.
17636  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: October 16, 2016, 12:05:54 PM
It's a good stategy to wait everytime for something, but i think that if you living on money from bitcoin only, you should sell not even looking on price sometimes.

Holding today is really a good decision and I would say that don't say that you are going to never sell your bitcoin. Because how you are going to get profit if you are never going to sell it, it is better if the price makes you feel high already then that is the right time to sell bitcoins. But as of now, what is better thing to do is just buy.
17637  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: October 14, 2016, 06:46:54 AM
It may be low for now but we all know that time will come and it's price will eventually go up in no time. Holding your bitcoin for now is not that bad if you are patiently waiting for the right time to convert it to fiat, in that way you can get a huge profit from it and you will just realize that holding your bitcoin for a long time really does worth it.

You are right with it and that has been proven because in the past and early days of bitcoin. Many people bought thousands of bitcoins and what they did is they just hold it for a long time and even today they are still holding it. And bitcoin did not just gave them profit, but bitcoin made them US Dollar millionaires just because of it.
17638  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: October 13, 2016, 12:14:24 AM
yes thik bitcoin can really help poor people as it also give opportunities to earn bitcoin without any investment from signature campaign, so its best option of poor to make money.

How about for those people who lives on a very poor community and country. Let's example the Africans, we all know what are their lives because they don't even have something to eat and that is very impossible if they are going to work with bitcoin. Because their problem is education too, their knowledge is just within their community.
17639  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: October 12, 2016, 12:30:02 AM
For the most people it does mind but for me it matters and I also agree about the fact that if there was no price a lot of us not even invested in it.
I even think its very important!

Exactly, because we are not here if bitcoin does not have value at all. But because bitcoin has a good value and as of now the price is keep on increasing so we can say that it is will be more important and matters for all of us. I hope that the price will increase more in the future so that it is going to help us.
17640  Economy / Economics / Re: Bitcoin worth to you or not... on: October 11, 2016, 02:19:50 AM
Bitcoin helped me in a lot of things like managing my expenses and finances, searching for opportunities around that might be beneficial to me. Also, it offered me some kind of investment that lets me earn while doing nothing, just leave your money in a secured place and then let it do its thing to appreciate in value. Overall, bitcoin gave me many things that fiat cannot offer alone. Knowing more and getting deeper with bitcoin really is worth it.

The same reason as mine that bitcoin helped me too and I can say that bitcoin is really one of the important things in my life already. Because this is helping me to have my allowance for my daily needs and good thing that I am able to keep on working with trading with it again and again so this is really worth it to me.
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