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1821  Economy / Gambling discussion / Re: What are your gambling stats? (Profit/Loss) on: June 30, 2016, 06:28:37 AM
I have won more than 12 BTC into current year till now so that i think that is not bad profit which i made with online gambling, i think some unexpected result took more 3 BTC from my profit but overall my journey is going into very good direction and hopefully will make more profit.
Nice profit man, I bet you are a high ruler, I Know a person can only win that amount if he also risk that kind of amount. I wish I could win like that but I already stop gambling due to bad experience, I am not really good in it and I accepted it already.
1822  Economy / Economics / Re: The future of the paper money on: June 30, 2016, 06:24:17 AM
Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:

Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?


This ideas are still on experimental level. Right now the banks or governments or any in the financial institutions has not yet foresee the negative impacts that this initiative will bring. People have adaptive capacity they will adjust and find answers and alternatives if problems occurred during the implementation. Hence, ther is no need to worry, no guts no glory as they say.
Everything starts at an experimental stage and we are lucky that banks are starting to make experiment to integrate bitcoin in the operation. That would be a good news if this will become successful.
1823  Economy / Economics / Re: Bitcoin to be international currency on: June 30, 2016, 06:21:11 AM
If more people start using bitcoin, yes bitcoin can be an international currency and become popular. So people who will not use bitcoin yet, will start using bitcoin too.
You are talking on what we really wish to happen, we can only get success with massive adoption that would happen, right now it is a game for the traders and the investors.
1824  Economy / Economics / Re: Best way for steady income on: June 30, 2016, 05:04:07 AM
I think if you want to earn a steady income. you can try on investment. there are many investments such as mining or other investments where you'll have a steady income every week
yes, I think the investment is the best way to make a steady income, but if you want to generate a lot of income, then you need to invest a lot bitcoin
There is no steady income with investment. You need to take the risk when you are an investor and not all the time you will be successful so that is really so risky.
With investments there is no way that you will get a steady income so you can forget that if you think that that is possible.
The best way for you to get a steady income is by getting a job and work.
Exactly, only our job will guarantee us a steady income, as long as the company we are working is earning well then we still receive our monthly salary but if you want to earn big one time you should do investment.
However, people with big ambitions will not focus on job for a small amount of steady income, they prefer to invest on a profitable venture to hit a good amount of return and even me that was my plan, I just work for a steady income and once I will find my a good amount of money to invest, will surely focus on that thing.
1825  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: June 30, 2016, 04:23:03 AM
No there is not. You can use any "strategies" you want, in the end it's all about luck.For instance dicing is pure luck.
Sometimes you have a winning streak and can celebrate your wins and profits.The next time you do it the whole thing feels jinxed.
In sports sure can you try to predict by using statistics.But even that is no absolute guarantee.
I disagree with you hard, your statement is so limited concluding that our chances in winning depends on our luck, you should also consider other gambling games because we are not just referring to dice games here. Matured people who has big interest to win in the long run plays skilled base games.
1826  Economy / Economics / Re: What is your best investment strategy? on: June 30, 2016, 04:12:24 AM
best investment strategy is always like in real life buy cheap and then sell high
now buy with dolar euro gbp or some other currency and then sell after halving to gain some profit


Exactly. I think that the right time is especially now since Bitcoin's price has been heading downwards during the last days. It may be best to buy at these cheap prices to earn huge profits in the long run. Once price recovers between the $720 - $750 it should be enough to make good income. That is why Bitcoin may be the best investment due to its volatility which makes it very profitable.

A good strategy would be the following:

1. Buy low
2. Sell high
3. Exchange BTC to fiat pegged cryptos (like Tether, bitUSD etc) to preserve profits.

Just my opinion.  Smiley

It is really hard to invest and make a good profit with bitcoins if you do not have a decent capital to start with as the profit will not ensure you a 100% increase of your capital. I suggest if you want a good return you focus on altcoins and participate during the ICO.


Try to buy in small parts on regular basis and keep it untouch and save it for really long time, and in future you can expect best returns when price reaches to the moon.
I think some people see bitcoins price just limited to 1000$ or 1500$ , but trust me guys bitcoins price in coming 5-10 years may cross even 10,000$ and then you will regret not saving anything. So, that is your best invest to earn and hold bitcoins.
I also believe it could happen, but in 5-10 years? I guess that is too early for the price to react that much. We need at least 20 years to make that happen IMO.
1827  Economy / Economics / Re: Big Crash coming on: June 30, 2016, 03:52:47 AM
when did bitcoin crash ? atleast it is now 630$. before few months everyone was talking that when we will reach 500$ but now we reached 630$ and everybody is panicing because it went down from 780$ to 630$. i think it is just a price correction. it is the nature of bitcoin.
Exactly, so nothing really to worry here as the price movement is just normal, the good thing is it is moving up most of the time so I don't a any possibility that we will see a crash with that trend.
1828  Economy / Gambling discussion / Re: is gambling fix your life? or wreck your life? on: June 30, 2016, 03:48:19 AM
In the past gambling took me around 1000 dollars and I lost some money to online auction sites penny . Today I regret had lost that money being 10 or 1500 dollars that I could use to my family ,anyway that became a lesson I took for life , never invest more then can afford to loose.
It must be your precious lesson, and i hope you will never do same mistake.  As my experience even i have lost thousands dollars i still gambling with hot money instead a little amount of free money.

I guess i am really addicted to gambling, really hard to find a way to get out of this.
Don't worry you time will come, you will surely experience big losses that you cannot afford if you will continue to be addicted in gambling. I have tried it so I can say that It could happen to any addict.
1829  Economy / Speculation / Re: bitcoin continuous rising? on: June 30, 2016, 03:38:52 AM
I think it is possible that price of bitcoin increases till halving but a decrease of price after halving is predictable.

Anything is possible to happen with bitcoin when it regards to it's price. And no one knows what is really going to happen about it.
So, we just need to stick to it whatever is going to happen to it.
As investors our only hold is to believe in the future of bitcoins, apparently the risk was their but if you see a thing that is going to be big on the future you should put a considerable amount that would change your life if something good will happen.

Well if we aren't going to believe the future of bitcoin then today we must stop early as today. But no, we know that bitcoin is going to keep rising and it is continuous as what is happening today with bitcoin.
More and more people are getting into it and more and more stores are accepting bitcoins today.
The number of stores does not really help big in the community unless we can see major stores like amazon that is going to accept bitcoins, we will see a huge transactions coming in and out and that would be beneficial of us because the price will increase.
1830  Economy / Gambling discussion / Re: how much you lost money in gambling? on: June 30, 2016, 03:32:33 AM
iam not calculated lost is gambling

after lost iam still gambling
Good for you, I hope you will understand later that you are not doing a great job. Gambling is very dangerous so you should calculate the risk and make sure you can manage your losses.
1831  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: June 30, 2016, 03:23:29 AM
I didn't realise Lebron James is also free agent. Kevin Durant is the hottest in the market right now but will Lebron James stay in Cleveland Cavaliers? It looks like mission completed but if he decides to leave where to go then? Miami again? That would be funny. Smiley
Definitely he will stay, it was just a business move in his part to increase his salary. My concern now is durant, on what team he will be playing as I know whichever team he will choose would be a threat in the coming season.
Or course will not leave cleveland anymore, he already came back to his original home and now that he was able to deliver championship for the team, he will be more respected and his greatness will be restored.
1832  Economy / Gambling discussion / Re: Best strategy in Roulette ? on: June 30, 2016, 03:18:28 AM
It is not only roulette but in every casino related game you can not have any strategy.All what some people share are their good times results which let them think they have strategy.Believe me there is no strategy in roulette to beat the house.You simply can't beat the house.
There is a good strategies on every specific gambling games that will make you less risky once you did it, but all of this strategies will not assure you for winnings. But still it's great to use them just make your winning rate increase.

The only good strategy in roulette is don't make the "first five" bet on a game with 0 and 00, every other strategy is the same. There is only good strategy for roulette is to build a casino.
I don't find any method will really help you to win in roulette, because if you select those with house advantage you will only win if you are lucky and when on 50/50 chances like red or black you will win when you are lucky and discipline.
1833  Other / Off-topic / Re: Do you actively spend your bitcoins? on: June 30, 2016, 03:17:22 AM
not really often, I'd just used it to buy credit loads, pay bills, but not yet spending in shopping, I just hold it for a while and wait for a price increase then convert into my local currency then wait for price low then buy it.
Good move, with bitcoins in our hand, we should be hesitant to buy useless things or just to feed our wants. What we are holding is precious and if we know how to value it, it will give us fortune in the future.
1834  Other / Off-topic / Re: How kids can "earn" Bitcoin ? on: June 30, 2016, 03:15:45 AM
I think we should indeed have some games to let them earn the bitcoin but of course this is not so easy.
We have to start with this also some money of course.. a sort of kickstart would be awesome.

According to me kids should not indulge for bitcoin because its to early for them to know about this there are many things in life they should discover and incourage them to play outside and make inter social connection to other kids by that he can develop his skills and developments as a person, kids wont realy do bitcoins if you try to push it from them to earn maybe they just play for 1 day and forget it for the next day becauae they find it boring knowing kids many things can catch their attention rather staying boring environment
Exactly, there is a timing for nurturing our kids and at a young age it is very dangerous to inject information that would not be useful for them. There is a right time for everything and that would be when they will become adult.
1835  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: June 30, 2016, 03:09:39 AM
I think following a rule is fine and the rule is that if I make more than 3 times of what one can make with full time job then it is fine to quit their job.

But quitting your daily job even you are earning higher or even 3 times the regular rate for it is not really recommended. It is better to save both of them if you can.
Don't sacrifice any of them as long as you can and having multiple source of income is better.
It is good, I have a daily regular job and I am doing bitcoin work as side job but I realize that if I will quit my regular job, I can earn more bitcoin because I can focus it and the benefit is I will be working in the house to stay with my family.
1836  Economy / Economics / Re: Should I believe in Bitcoin ? on: June 30, 2016, 03:03:27 AM
You believe that bitcoin has been existing for years but do not expect much from bitcoin since it has lots of fluctuations.

Fluctuations of bitcoin is a very good thing about it. And since it fluctuates on a high price it is always been a good thing about it.
Why? How about way back to it's earlier price people are not complaining about it but they are believing it and now
they didn't upset on their wait.
Fluctuations will only be good for the trader and that's it but for the community as a whole, that is a bad thing as our main goal with bitcoin is to attract more adopters to make the price stable.

Not just for trader but all of us, if you have stored bitcoin in your wallet then you are going to benefit from it. That's why many are believing into bitcoins today and for sure bitcoin is going to pump its price.
And it is still not too late for believing in bitcoins today.
The fluctuations will not take us anywhere when the price does not move up. Only the trader will surely benefit as they can make money easily due to that with their big capital in trading.
1837  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: June 29, 2016, 08:50:26 AM
There is no safe method to use when you gamble.Some people talk about sports gambling as safer but there too I saw many good teams loosing matches against non favorite/under dogs.Safe method means to me something without risk of loss.

Gambling no a secure method, in gambling there are only methods to minimize the defeat. So gambling requires a risk of loss if you want to get a victory, never expect to benefit in gambling, if you do not have expertise in search strategies and techniques
The technique is only be useful to someone that is doing gambling as their way of living. We can only see few people who managed to do that and surely we cannot find them here, I can say they are safe because they only gamble to earn not to lose.

If you want to be a successful gambler, you need to start it with yourself, be a discipline man and a person who are willing to take the risk.
1838  Economy / Gambling discussion / Re: how much you lost money in gambling? on: June 29, 2016, 08:45:05 AM
I've won money gambling but that's because I mostly stay away from luck games like roulette and dicing and go for skill games like texas holdem and PLO

I guess good choice of games to gamble can bring good money too. People who are lazy and just want to gamble in dice or other luck games can lose more. But those who hone their skills can earn more through gambling.

Yes if you concentrate on games and spend some time and learn everything about those games and entered this gambling world means you can make some money. I am not sure that you can make huge profit but in your loss amount i am sure it will reduce. But we can say this to everyone because here some people are came for there relief and stress so this kind of people they just play Dice game like easy game if they loos they will quit and suppose if they win they will be happy.
You cannot actually do both, making money in gambling while entertaining yourself, you need to sacrifice the other to make your goal. For example, if you are a serious gambler who wants to make money in the long run, you should set aside your feelings and just follow you game plan with discipline.
1839  Economy / Speculation / Re: Bitcoin to go to US$800+ on: June 29, 2016, 08:40:12 AM
Well  I think it will cross above 800$ but it would not get so far from that.
Perhaps that is the upper limit of support that the coin will reach until a few months from now when people find it hard and harder to gain coins. Traders will be better off because miners will only get 1/2 the coins
The price of bitcoin will increase much higher so the miners will get bitcoins which will worth much higher than what they were getting for mining a few months ago, they will be more happy with the halving.
As they enjoy the reward of halving then we should also enjoy, as long as the price will increase majority of the population in the community will be very happy because most likely people who stays here are those investors that believes the future of bitcoins.
1840  Economy / Economics / Re: How would you double $100,000 safely? on: June 29, 2016, 08:33:51 AM
This year prices have increased 2-fold and if you just hold and wait for the price rise was really very safe.

so I would suggest to hold, if you really want a very safe.

There is no safe way of doubling the amount of $100,000. That is also what I think of earning safely or doubling it.
By holding it, you just need to wait for the halving and other updates of price increase of bitcoin.

why there is no safe way? holding is the safest way, just wait without doing anything. but in this case you must have a strong level of patience.
Its still not safe because you are not sure if the coin you hold will soar its price as time pass by or it will slowly fall down. Well I can agree that one of the method to double your bitcoin is to save it.
But the reality is no safe method in investment, it all differs with the definition of what is safe, if you are saying safe that you can double it without risk, then that is impossible, every investment has risks, the only thing we can do is to minimize the risks.
Im agree with you mate, every investment has risk included but we minimize the risks if we choose stable and legit investment sites the one investment site ive join is hashocean.
I actually don't invest with new business or an industry that is not having a good feedback from the community. For me, I would rather save my bitcoins in my wallet than risking on that kind of investment. Further, I would also like to consider some investment like gambling sites.
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