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1781  Economy / Economics / Re: Bitcoin or gold? on: September 21, 2017, 08:26:53 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
when it comes in price i think bitcoin can win this battle because bitcoin price now is 4000$ and up but golds price is 41.72/grams. but in resources gold is better than bitcoin gold has trillion of tons but bitcoin only has almost a million.

my discomfort with bitcoin is only on the regulatory part and unstable, but I rule out gold because of the greater bitcoin gain every day, if people are afraid of the risks that bitcoin is going through, then I am a risk-conscious person, all businesses have the same thing and we must continue to believe in what we choose.
1782  Economy / Economics / Re: Bitcoin is Freedom on: September 21, 2017, 08:19:31 AM
Bitcoin is anonymous so it makes the users free to own and spend without identity. this is the era of advancement of the times so that everything becomes practical though anonymous.

I do not agree with the fact that bitcoin is completely anonymous since it is very easy to track transactions through the Internet. The only plus is that it is not controlled by power and brings good profits.

In the end, bitcoin will eliminate its anonymous level if formally set by the government, the bitcoin independence is only in the tax sector where the government can not allocate income taxes for users working in businesses that do not have physical offices, users are only charged on transaction tax.
1783  Economy / Economics / Re: Bitcoin is Falling...Is it Panic Time? on: September 21, 2017, 08:12:36 AM
Panic or haste is actually not good, we know bitcoin often decreased.. but it's good if we stay calm and more calm thinking to decide something so as not to regret at the end. Surely we know the price of fluctuating bitcoin from time to time decrease and increase, it is better we think positive and optimistic because bitcoin price after experiencing a decreased certainly it will increasing again at a later time.

Sometimes bitcoin has very severe fluctuations, and is able to recover more than three months, certainly this will create a high level of panic, but now bitcoin has increased where users are not too panic and proven selau bitcoin recovery in just a month.

Once when bitcoin prices fell, altcoin prices increased, now if bitcoin falls, altcoin also goes down, this shows that many people do not divert their verbal investment and wait for momentum to buy bitcoin back.
1784  Other / Off-topic / Re: Young people should go all in on bitcoin on: September 21, 2017, 08:07:22 AM
Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.

Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
If you are going to go all in with bitcoin, you should make sure that you wouldn't let other things go off. You should be good on time management so that your life would not go in mess while you are going all in with bitcoin. You can risk your young age for the sake of better future but still you should think about it carefully if you are really going all in with bitcoin. The choice is still your so be smart and wise on choosing which.

In my opinion, bitcoin can only be applied to people aged 20+, bitcoin can not be ignored when we've got it regularly, the time spent will be more and even potentially interfere with their education, bitcoin is a business for adults, I am afraid they will drown and forget to socialize and engage in regular formal education.
1785  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: September 21, 2017, 07:48:59 AM
This is where the official regulation should be used by the government, the same thing will happen to fiat if not regulated, bitcoin increases the chances of corruption but can still be traced to every flow of transactions, the government can also apply kyc/aml in every rule, so the point is that the government is not willing to open up to bitcoin, bitcoin can actually be useful for everything including taxes.
1786  Economy / Gambling discussion / Re: Trading vs Gambling on: September 20, 2017, 03:32:09 AM
If you're a lazy man , you will definitely choose gambling. Why? All things you have to do is just checking some teams, head to head history, who got injury bla bla then use all the logic to guessing and if you're lucky ? Easy double money. But with trading, your choose is very important and it's a long term decision.

It's true that the analytical logic in trading is much more complex, but if you have the convenience of fast thinking without having to look at charts, gambling is the best, it does not mean I'm lazy to think, but because I am used to thinking and doing the recovery process quickly. Gambling revenue is much bigger and very balanced with the risks. Afraid? that's no excuse.
1787  Economy / Gambling discussion / Re: Favorite type of gambling? on: September 20, 2017, 03:23:14 AM
Favorite games i play when gambling are dice and slots. Because both games are pure luck, so i am not too think about strategy or prediction like gambling card or sport.

Games like that is very fitted to those lazy people who don't want to think on betting, but games like DICE and slots are really hard to play, I mean winning is not that easy on those games, you are going to lose more than you could win. Maybe you are going to win at firts to third roll, but after that, prepare yourself to lose in a row, because that is how the gambling site works.

I do not feel comfortable playing dice and slot, in fact I always lose because no analysis is used and maximum only 20%, no comfort thinking long in it. I prefer challenges like poker and sports betting, emotions are stronger because they require accurate analysis. Dice is not a good choice for me.
1788  Economy / Gambling discussion / Re: What would you do with your winnings? on: September 20, 2017, 03:16:08 AM
The gambling income I earn is purely for shopping and self-actualization, the rest for trading capital and mostly fixed for gambling allocation, we also have to enjoy life or will experience tremendous frustration. we must neutralize our emotions. Some people think gambling involves hot money and will never be cold, we should immediately spend it quickly or spree.
1789  Economy / Gambling discussion / Re: Does experience matter in gambling? on: September 20, 2017, 03:04:30 AM
Experience is not important in all gambling and even where you can apply your experience, it is not always possible to get a win, because it is entertainment that is based on luck.
Experience surely is important you can say there is no guarantee that we will still make profit you are right about that but will experience you will know the right time to stop and also you have more control on yourself  and you will

Experience can help you to reduce your losses in gambling but to win money you should be lucky. As you said, if you're an experienced gambler then know when to stop it and reduce your losses. But many gamblers even though they are experienced can't stop on right time and lose all their bankroll so one should have a self-control along with experience to reduce your gambling losses.

If I do not use experience then I have given up long ago, gambling is not always about winning, in a loss we still have to try to keep capital, gambling is about how we control our attitudes and emotions. Some gamblers who often complain and express dissatisfaction are included in the category of people who are impatient and unable to face gambling risks.
1790  Economy / Gambling discussion / Re: Why do you even gamble? on: September 20, 2017, 02:58:23 AM
gambling is a promising main job in addition to real work, if we feel comfortable and can play positively then it should be further developed the potential and quality of self. Initially I gambled for the necessities of life, and even I had a failure, but after that his conviction grew larger as I comforted to read the literacy and experience of many famous gamblers.
1791  Bitcoin / Bitcoin Discussion / Re: bitcoin cannot replace currency in the world because price is not stable on: September 19, 2017, 09:00:29 AM
Unfortunately, it's true.   You can't quote prices or services in Bitcoin because it changes, sometimes by the hour.  About the only thing a business owner can do is quote prices in dollars, and state that you'll accept the Bitcoin equlivalent at the time of sale.  Does anyone ever see the price of Bitcoin settling and stabilizing to the point that you can post or advertise prices in Bitcoin?  I don't.  It's like gold ... People buy and hold and invest in gold, but no one prices their products in ounces of gold.
That is only true because fiat has become the dominant currency of the world, you need to look at history, for thousands of years prices were given in gold, the issue is that people are no longer used to do this, if bitcoin does in fact become the most dominant currency then you will see the fiat currencies moving like crazy and bitcoin will be the currency that is stable.

Bitcoin is unstable because it is not acquired by anyone, so the price can be played by anyone without being controlled, I think it is an actual free market, but it is not appropriate for it to be tied to official regulation, we need to look further where bitcoin has the potential to escape control in terms of price and security.
1792  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: September 19, 2017, 08:53:59 AM

Yeah, you can really use it around the world. Actually, there are a lot of reasons why people should use bitcoin. One of those was the transaction fee. Transferring bitcoins just cost few pennies and you can send as much value as you want.


In the past yes but today Im disagree. Transaction fees now ranging from $5-$10 and I saw others even higher than that. Not much difference at all compare to traditional normal fees and somehow in some cases, traditional is way low compare to that.

But even it's like that, no doubt that it's more convenient to used bitcoin than traditional money transfers.

Bitcoin has data authorization that can not be interfered by anyone while conventional banks do the opposite, I'm not so concerned about transaction costs, which obviously can send money around the world without excessive costs and in no time. Bitcoin is able to reach all people even with the smallest nominal with no monthly interest.
1793  Alternate cryptocurrencies / Altcoin Discussion / Re: Waves Vs. Ethereum on: September 19, 2017, 08:37:14 AM
Does any one thinks that Ethereum can survive with the rising of Waves? I've heard that "Waves will be the next Ethereum"
waves vs ethereum? I think the comparison between these two coins is very different, especially for clarity and long hours investors definitely prefer ethereum, but waves also do not want to lose
What is the reason of comparing this two altcoin? We all see the big difference of this two altcoin, they knows that ethereum is more famous compare to waves. Moreover regarding price of this two altcoins we all know that ethereum is more expensive compare to waves.

The main difference is that the ethereum focuses only as a coin for smart contracting services, while the waves is more focused on the exchanges market, if we compare them, we can compare beetween bitcoin with polo/bittrex market. Both of these coins are very potential but ethereum is wider and superior in distribution.
1794  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you read ICOs white paper before investing? on: September 19, 2017, 08:20:55 AM
whitepapers explain the report in detail, even I am interested to translate their whitepaper in the native language, in it we can see this project more complete and compare it with similar projects, if there is something unreasonable can be directly understood and asked directly, whitepaper is a document important in business proposals
1795  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you picky with ICOs? on: September 19, 2017, 08:09:10 AM
The percentage of ico that fails very little, which is the problem is that many percentages of ico are successful in sales but are drowning in the trading market, this makes us not able to directly benefit in an unspecified time, some ico I choose has a price far below the ico price , I need to be more detailed in investing.
1796  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: September 18, 2017, 12:28:24 PM
Well.. i think the best time to become a trader is right now, don't wait until you are retire from your job. Because becoming a successful trader needs time for learning strategy of trading until you get income from trading.
Everyday is a best time to become a trader. Being a trader is not easy because the trading is risky but if you became a expert trading for sure you can earn a lot of money. Many trader became a successful person because they worked hard.

Many traders who do the trial and error with a lot of capital, the best time to become a trader is now because we must have an increasing experience every day, trading is not a business that we can master only in a week, it takes a complex process to analyze the fluctuations in fundamental, many things that can not be explained unless you are involved in trading itself.
1797  Economy / Speculation / Re: Bitcoin will rise up or fall down? on: September 18, 2017, 12:22:18 PM
However, China has ability to atleast affect bitcoin value. Because bitcoin in circulation now, mostly reside in China. But, now bitcoin is so very popular that means rumors about falling bitcoin to $2K, seems very far away to happen. Attenuation bitcoin in only a few cents.
It has not only affected the prices, it has totally changed the game. China has an important role in this down fall and it has been doing such stunts in the past also. However, we all know what is going to happen next. Soon this dip will be over and a huge increase in the value is waiting for us all.

The current trend is not as it used to be, there are now many elements and factors that can ward off the negative news that arises, this is due to the volume/market sentiment and many community leaders involved in bitcoin, if yesterday bitcoin has fallen then it only takes less than a week to Increase, I think this week will experience an increase in prices that can make us all proud of bitcoin.
1798  Bitcoin / Bitcoin Discussion / Re: JP Morgan is a cheat. on: September 18, 2017, 10:07:58 AM
Jamie Dimon has a right to say whatever he wants about Bitcoin good or bad. A bunch of you are angry at him because you are biased. One, he is a banker. Two, he said negative things about Bitcoin.

John Mcafee said one Bitcoin would be worth $500,000 by 2020. Does he really believe this or is he spreading GCA (greed, certainty, and appeal)? Nobody is getting mad at John for trying to promote Bitcoin. He has great financial incentive for this just like Jamie has financial incentive to bash it.

People are allowed to say what they want. You can hate Jamie if you want to, but it doesn't make what he did by any means, punishable or even malicious.

At least Jamie Dimons has a reputation that makes him very credible in his field, if it turns out Jamie Dimons is just spreading rumors and still investing in bitcoin, it will have an impact on his reputation as a banker. You can not indiscriminately spread rumors especially if you already have a big name.

What he says has a huge impact by investors who are still in the learning phase. and there are also many negative concerns in the market these days.

If you want to play, it is not appropriate to make vulgar sentences in public, if JP-Morgan one day is still proven to be involved in the crypto market, then social punishment will be accepted.
1799  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: September 14, 2017, 06:46:12 AM
Do you gamble for fun or for profit?

All of us gamble for fun and profit. We look for the same thing at the same time when we gamble. Some would just play for fun and for just a little profit. Some might play for profit and some fun. But, whatever purpose do we serve when gambling, I think it doesn't matter as long as we're enjoying and we're not losing a lot of money.

I gamble to work, the element of fun in this case is the comfort to think more seriously and focus on every gambling game, profit is the main goal and I rarely play gambling just for fun purposes. Many gamblers have other big jobs, but I choose to focus solely on gambling and focus other businesses as a side job.
1800  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: September 14, 2017, 06:39:51 AM
Gambling is not wrong, mistakes are focused on the mental and emotional qualities of gamblers in every round, we continue to get addicted and do not want to set deadlines and profits in every game.

Gambling is wrong, if it is associated with a religious perspective, but we must also use positive logic because all the good things in this world are not only based on religion. there must be a balance to create good conditions.
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