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1861  Economy / Economics / Re: stable currency on: August 14, 2017, 04:03:00 AM
i was just wondering
how much more time BTC needs to become a little more stable?
in past 24 hours BTC exchange rate have increased 19.1%

Bitcoin price fluctuations affected by supply and demand (buy and sell) in every exchanges, just simply like that.
Bitcoin may need more than 30 years to become more stable, when bitcoin has spread widely and there's no one which hold bitcoin in huge amount (100k - 1 Mil) as he can sell and affect bitcoin price. At least when bitcoin reach higher price, people will think twice before sell their precious bitcoin and prefer to spend it to purchase goods.
I don’t think so stability of bitcoins is required. Bitcoins are doing fine with the fluctuations.
Fluctuations make it appear different from other conventional currencies. Lol 30 years are too much. One decade is enough for bitcoins to achieve stability but I don’t want it to be stable.

As long as bitcoin can still be mined then fluctuations will still occur, this is what distinguishes with forex because many speculators are very happy with the rapid and extreme price difference. When bitcoin becomes stable in the future I'm sure many people are not willing to sell it and just play in altcoin market.
1862  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: August 14, 2017, 03:57:01 AM
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
I think yes because many people are easy earning and gaining an income with just one click away through their gadgets that they use to operate bitcoin with the help of internet cinnection. With this people who excessively been using bitcoin can be greedy leading to corruption. But bitcoin must not be blamed abiut it because it was the result of their behaviour upon using bitcoin.

if the money is involve in one company/organization/government, then there are possibility for people to corruption because like above me said, someone become greedy when he see there is any opportunity to grow the money. he will be thinking how the amount could be increase. and with bitcoin, people can increase the amount of the money and take the profit when he decide to cash out all of the money. but its not bitcoin mistake, its depend on what people thinking about bitcoin. if we are always committed to make a good thing, then i am sure that in the end we are a good person.

The application of kyc in every trading market is the key that they have been accepted by the government in the country, I think in the end all bitcoin market trading will be forced to use the same system or its fate will end like btc-e, it will eliminate the anonymous nature of users bitcoin but will reduce the impact of money laundering, corruption is a disease that can not be eliminated by the world and can only be prevented.
1863  Economy / Economics / Re: Bitcoin is no longer a currency on: August 14, 2017, 03:48:57 AM
With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
Yeah I think with soaring bitcoin prices and seeing the price changes are very fluctuating bitcoin. Many users do not consider bitcoin as a currency but assume that bitcoin is an investment commodity. The proof is currently very few users who use bitcoin as currency

I agree with you, with bitcoin prices so high that nowadays almost users rarely make payment transactions using bitcoin, but using bitcoin for business purposes such as trade and investment. It is clear that the role of bitcoin not as means of payment transactions is very valuable asset and has high value.
Yeah, these days we can find an increased use of bitcoin for investment, holding for future and for high volume transactions that banks won't process with, due to the taxes. Can't deny it to be no longer a currency, because different users have different ways of thinking.

I think if bitcoin can be spent in modern market or retail using cashier, my question is when bitcoin price is too high, how much does transaction fees when we buy goods under $ 10?

In my opinion, bitcoin will be the special currency of the elite in the future, and not the prospect of paying for the lower middle class, from an investment perspective, we have made bitcoin skyrocket, so the bitcoin assumption is no longer currency is wrong.
1864  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: August 14, 2017, 03:30:46 AM
What you are doing is right .. bitcoin is a very good long term investment and quite simple. You do not need to work to benefit from bitcoin. You just keep it for a long time. I think it's better to keep it than you use to spend it and spend it. Maybe if you need your money take some of your bitcoin to buy something .. and keep it back. Do not spend your bitcoin. Because in the future you will become a millionaire if you save bitcoin

I prefer to sell most bitcoin to altcoin, investing not just stopping and having to keep moving, good for daily profits and multiplying coins in no time, I'm not the type of person who likes passive investments except when I retire.
1865  Economy / Speculation / Re: Is it too late to buy bitcoin? on: August 10, 2017, 05:21:42 AM
I regret of not buying a lot when the price deeps to $1800 a few weeks ago. Sad

Its Good that price is going up but better if we already build up our position for a long term investment. Now im thinking if i should buy at this level already or should i still wait if ever there will be a pull back in price. Maybe i need to wait for everything is expensive now. And I follow my simple rule of buy low and sell high. Now all rates are high so i should not buy at the moment. When price goes down after this level then i will buy.

Still it is not too late to buy bitcoin because it is not about keeping it in the vault as a soveigner but it's all about how u will make it grow more and more thru investment and trading. Even if the bitcoin is just a penny before but you dont know how to make it grow then it is totaly useless for you.

If we are thinking of buying the end of bitcoin at the moment, we are always not interested in buying when bitcoin faces problems like late last month, so our mindset should be familiar with bitcoin prices now and buy whenever we have the capital. This is true because the bitcoin fluctuations will never have the lowest price or upper limit.
1866  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: August 10, 2017, 05:07:23 AM
In the past six months, information about bitcoin and in general about the digital currency has become quite frequent and regularly appear in the media, something that did not happen before. Practically all my acquaintances of not older age heard anything about the crypto currency and know its basics. Some are even actively interested in it. Crypto currency starts to change people's thinking and lifestyle.

I also took 6 months to explain to many of my friends, I decided quietly before to deepen my bitcoin understanding and experience, and now I'm getting used to explaining to 5 friends who always ask from below, even though I do not master everything but at least they already know what to do in this forum and do not break the rules. Bitcointalk is the earliest media for their knowledge.
1867  Bitcoin / Bitcoin Discussion / Re: Japan has the highest bitcoin trade volume passing usd and yuan on: August 10, 2017, 05:00:12 AM
So what do you guys think what if japan will be hosting the largest mining farm in the world instead of china? Would it be more Beneficial for us or there would be no similarities for our current situation?

All predict the same thing but unfortunately there is no development of the big miners from Japan, in terms of technology and readiness may be more qualified japan but now they are still focusing on the development of bitcoin market in the country, I also have not seen any news bitflyer is used by the globa tradersl, I think they are still in the preparation stage.
1868  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: August 10, 2017, 04:43:13 AM
So Bitcoin is better than Gold? Roll Eyes
Definitely,bitcoin is better than gold in many aspects.Bitcoin has given very huge returns to its investors in a short duration of time unlike gold.Bitcoins could be easily transferred to any parts of world immediately unlike gold.Bitcoins could be also used for buying products unlike gold.Thats why bitcoin is termed as digital gold.

Gold is only limited to asset adjustments and significant indirect price fluctuations, this condition is very much different from bitcoin, the owner of gold is not anonymous so all ownership is very clear and accountable, but in terms of daily income I prefer with Bitcoin
1869  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: August 09, 2017, 07:27:55 AM
From the beginning we play gambling also at least already understand that this activity is wrong or true, if you are involved in it then do not ever think about it including when you experience a lot of defeat. Gambling is wrong for gamblers who can not develop their thoughts and experiences and only think about regrets and continue to talk about the negative effects of gambling.
1870  Economy / Gambling discussion / Re: Do you set up limits for yourself? on: August 09, 2017, 07:23:04 AM
Yes, I always set a limit for myself with how much money I'm prepared to gamble. Either on a per day or per session basis. Need to do this or else can easily rack up large losses.

making a limit for ourself is really work if we want to keep the most of our money, but we need to obey with the rule that we made so we can avoid from losing big money or using big money in gambling. for me its better to set up limits in every time we want to playing gambling because we can prevent for something bad that maybe happen and we can playing gambling with happy.

Yes you can not control your greediness then setup limit. Don't fix your limit in mind because we can not remember that number. When you are going to play gambling deposit only how much you can afford. Then it will control your greediness after losing everything you will stop your play.

I apply certain limitations in gambling, but there are days when I use all the capital to risk everything, sometimes I think to play as much as possible and I never regret it. Limitations also do not apply if we follow a gambling tournament, for those who are not accustomed do not do the same because I divide gambling in two categories: for income and satisfaction.
1871  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: August 09, 2017, 07:16:34 AM
I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.

So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
Gambling is more on depend in luck there is no 100% that you can get profit, because most winning case in the games is just a luck, or guess timing on betting sometimes. So I think the smartest that I could say is quit in the games if you win several time then if your balance to your bankroll is more than your capital, that's the time for you to stop.

This will always be a very long conversation,
For those who are experienced in the Gambling and lose they will surely say victory in gambling is luck, but it is different for those who win. Gambling is a strategy in making money, that's what I often encounter in other threads,
this is not easy
We are the only one who can tell on what is the reason why we win the game, of course to boost our confidence we will always think that we win in gambling because we are good enough and after every win we always want more. Winning is a major achievement as a gambler as not all people are given a chance to win and they say it's hard to win in gambling so we will feel we are better than any other gamblers.

Luck can only be set on the type of business that cannot be analyzed like dice, other types of gambling can be analyzed intelligently, I'm also surprised by the opinion of gambling that requires pure luck, all the works in this world also require luck, but at least we can use the experience and good analysis to improve gambling income.
1872  Economy / Gambling discussion / Re: Why we still gambling while we always lose? on: August 09, 2017, 07:10:42 AM
Gambling always gives birth to curiosity, the more we lose a lot of balance, the greater our curiosity to gamble. This is commonplace. Because our brains are running normally, dissatisfaction and curiosity always appear in our minds

This thought arises when we experience unexpected gambling losses, so our minds continue to fluctuate to pursue capital and make a profit. But the fact 80% of people even spend it all because it can not handle emotions. This includes very bad habits.
1873  Economy / Gambling discussion / Re: Gambling with altcoins on: August 09, 2017, 07:04:38 AM
It seems to me that with the help of altcoins you can earn more money if you go out with them to the trade exchange. The fact is that to date, this method of earning has acquired a special form, in connection with the rise in prices for crypto currency. Therefore, I see no reason to take them to gambling.

Altcoin gives its own advantages over bitcoin, we can use eth or doge to gamble as well as earnings can be invested in the trading market, the advantage is the price of the fraction is smaller than bitcoin. At a glance it makes no difference but is actually just for the convenience of users only.
1874  Economy / Economics / Re: could bitcoin be replaced by another crypto currency? on: August 02, 2017, 07:56:50 AM
I don't think that bitcoin can be replaced by any other cyprtocurrency at this stage. We can see bitcoin cash rising a bit, but it will probably die out soon. The maximum I could see bitcoin cash in is as a great altcoin, such as ethereum. At this stage of the game, I wouldnt say that bitcoin needs to fear of any real competition. The future should be bright for bitcoin!

Competition keeps moving until whenever and bitcoin will still excel because the total volume, I think ethereum is the closest competitor, but depending on whether they are able to govern with a smart co. No sign will be overtaken but bitcoin competitors continue to develop their systems.
1875  Other / Off-topic / Re: What wallets do you use? on: August 02, 2017, 07:38:10 AM
I am using electrum wallet at a moment and I find it very safe and secure to store my bitcoins and even having a backup is very easy in case if your computer gets crashed then also it will be very easy for you to recover your bitcoins in no time.
I also like this wallet because this wallet is the safest wallet among of online wallet.  It's no need registration and easy to use and also it does not depend on a website.  So no word website is being maintenance.

Ultimately all online wallets will be commercially refined by developers who realize their potential in business, once blockchain gave private key to users and in the end they closed the service, I think this will happen to the electrum future, but I agree with you, electrum is simpler and more secure because the private key is always in our hands.
1876  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: August 02, 2017, 07:31:14 AM
after completing my graduation I was really confused about my destination, that time was very much disappointing for me, I was wondering what to do. but I didn't find anything for me. after some days I got some information about Bitcoin. after that, I read some literature about it and after that, i got involved with Bitcoin. now I am working with Bitcoin on a regular basis.and this is my first-hand income source. i love it

I understand from where you are going but do not settle in earning cash from bitcoin alone. Do not also neglect your own achievements since getting a job is still better than earning in bitcoin alone. But if this is the only option that you are stuck with, then who am I to stop you. Just do the things that you are comfortable without suffering the burden of not being employed.

Someone who has a passion in their life will always get happiness and comfort, in which case I finally decided to let go of my main job and even my educational certificate just to focus on getting bitcoin, for some cases it is better for new graduates who are looking for the first real job . After experiencing a new process can weigh which is better choose, do both or choose one that is convincing.
1877  Economy / Gambling discussion / Re: Why is gambling so addicting? on: August 01, 2017, 12:28:04 AM
I have several stages that continue to increase from the beginning involved in the freeroll contest, then go into the stage of sports betting and roulette, and finally I find my comfort identity in the card game, all the stages that make me become active addiction, Initially I just gamble to eliminate stress from work, but in the end I realized that gambling has its own comfort.
1878  Economy / Gambling discussion / Re: Worst mistake in gambling on: August 01, 2017, 12:18:45 AM
My worst mistake in gambling is expecting to have profit continuously, until finally i suffered alot of lose, and since then i stopped gambling.
That’s so sad if you quit gambling when loss is bigger than the profit. You should not be too much greedy while playing gambling. It is no bad to imagine a big profit but too foolish to chase it even after losing more than you can afford. You should have good control over your emotions in order to make real profit in gambling.

It's better to quit early even though you are not making a profit because that will help you minimize your loses and you can move on with your life.
We make mistakes in our life and we would not be quitting if we are not addicted in gambling and to accept a defeat is one of the best characteristics of a real man. When time comes you matured, you can still go back and gamble and that time you will just have to play for fun.
I agree with you that you should quit early as long as you have reached your limits. It is required for gamblers to have limits so they could prevent more losses. To have better understanding, it would prevent them by stopping when things get rough or get better. Still have limits.

The profit limit is required in gambling, it can only happen if we do not focus on 100% gambling, which means we have to split up into some business other than gambling. This is very effective for reducing mistakes because gambling involves sometimes uncontrollable emotions. We'd better understand it as soon as possible.
1879  Economy / Gambling discussion / Re: How to quit Gambling for good? on: August 01, 2017, 12:11:35 AM
That is true we can not leave gambling in just one go because some gamblers are addicted to it. It's a long way process before we can let go of it but if you want to quit it for good. You have a good determination to forget all things about gambling. Do other things or simply go somewhere where you can forget gambling.

Some people are addicted and some are heavily addicted like me. If you have become like me then it is not possible for you to quit just like that. You need to keep on playing because it has affected your brain. Some people even has spent alot of money because of this and they still cant quit because of the addiction
its really depend on how the person wants to quit if he can fight against his will and divert things to another way of keeping yourself busy maybe
you will be able to quit but if you can't do that and you still engaging yourself into particular activity addiction can't be avoided and you will keep
searching for it every time of your life. sell will and the support of people around you will help a lot to quit gambling for good.

During one month of therapy to not gamble, I have a lot of hallucinations and a strong desire to go back to gambling, but I really intend to quit, after one year running, I succeed and finally understand that an addicted gambler better reduces the gambling portion in limited compared to stop altogether.
1880  Economy / Gambling discussion / Re: Favorite type of gambling? on: July 31, 2017, 11:35:21 PM
Anyone's favourite type of gambling should be the sport you are familiar the most with and your overall knowledge of it is good/high .
Either it is a card game or your national football/hockey/basketball league or famous leagues such us the spanish or the german one .
I prefer betting on champions league or my national football league .

This is sometimes the mistake of other sports bettor, betting to those sports they are not familiar with because they want to maximized their profit not knowing that they are just adding some risk to their bets.

If they want to maximize the profit, then just add some amount to their bets in the sports they are familiar with than to jump to other sports because they see odds are better there. It's still better to have a good reward with normal level of risk than expecting a high reward accompanied with high level risk.

I always bet on football teams that I understand only, not blindly bet on other country football league clubs or lower castes, sports betting is also one of my favorites to date. In addition I really like the game poker, I feel comfortable when thinking about the probability of the card that I hold, the enjoyment obtained is greater than the monitor trading chart.
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