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1881  Economy / Economics / Re: Mining coins save or sell it? on: December 27, 2016, 08:26:23 PM
I think its always better to sell the bitcoins after a quite bit of time .because u dont know when the price of bitcoins will go down and go extinct .there is also possibility that ur country might not accept bitcoins and abandon bitcoins.what will u do then ? Thats y sell it as soon as u get it .
i think selling bitcoin should not be an issues, because bitcoin is becoming stronger and stronger from time to time and some shopkeepers are now also accepting bitcoin therefore to me i think you should only wait for the price increase and when you consider the right time to sell bitcoin then you should do it on the spot and do not wait any more.

We should not make decisions for other people. Especially in this case can not give advice. If a person urgently need the money - even sell your Bitcoins, he will take this decision
I think it is a great to get different coins but the exchange rate on some of the coins is not worth wasting time , the best thing to do is to wait for their price to go up , as the bitcoin becomes harder to mine people will start mining other coins in order to exchange them to bitcoin which will make their price go up.
1882  Economy / Economics / Re: How a cashless society could kill Bitcoin. on: December 27, 2016, 07:31:31 PM
No no it will not kill the society at all .as the government may implement digital and go cashless like prime minister narendra modi , that would led to a hike in the price of bitcoins and more and more people will go for investments in bitcoins.
Bitcoin is also a digital currency but it is different from what the government is planning to make, they have a similarity as they can be done using online transaction but the decentralized factor of bitcoin will always remain and the government will stick to centralization. Two differences that only people will decide where to adopt, and as what I have seen, people are more fan with bitcoin.
Yeah actually government like in India are trying to make their own apps and hence more and more transactions would be under their eye and hence they will catch the tax scammers easily.

The problem here is that we would need to give information about each transaction since its done with the govt. app and hence we would have to tell that we bought bitcoins which the government would never appreciate Sad
1883  Economy / Trading Discussion / Re: What do you do when BTC shoots up? on: December 27, 2016, 06:23:02 PM
At this moment, I'm selling about 25% amount of my total bitcoin into fiat.
And for other rest, I'm keep holding until next halving, I'm sure the bitcoin value will grow exponentially over time so I can't sell all it out.

Anyway I was so shocked that bitcoin reach highest value on this year

Same here! Bitcoin has the potential to reward it's investors. I become encouraged when I see bitcoins rising in value and I introduce it to other people outside the crypto community. I do this even when the price corrects. Bitcoin is for everyone and the success of bitcoin depends on how much people decides to use it.
Actually it is good that you introduce people to bitcoins but I am sorry to say brother but the best time to introduce people to bitcoins is when the price is low so that when people invest in bitcoins they see bitcoins growing, while if they would invest at the peak they wont be able to gain maximum profits and some might even consider a scam operation Sad , I hope you understand what I actually mean.
1884  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: December 27, 2016, 04:40:53 PM
I don't understand with polo, why nxc added to polo? And the price is never goin up..
They usually add coins with some personal adjustment or discussions like they added zcash when even 99% of the population didn't knew about it while some of the best coins suffer to get listed there.
I think its pretty bad from a reputed exchange like poloniex to do things like that and the only exchange I trust for now is bittrex and earlier that spot was for cryptsy but they turned scam.
1885  Economy / Trading Discussion / Re: Mistakes in trading that lead to loss of money on: December 27, 2016, 04:14:19 PM
If you buy all in and then the price keeps dropping, you will lose a lot of money. I buy in stages so I'm not all in at one time. Same idea for selling because if the price keeps rising, you want to be able to keep selling.
What I do is, I buy altcoins for around 25% of value that I want to risk with that coin, then I wait for the price to rise, if it rises i sell 50% of coins and than wait. If price gets even higher I sell all, if it gets low then I buy 50% more and so on, this way I hardly get any loss.
Excellent strategy and one for me too. The only problem I think would be there is that some coins never live up to our expectations like I bought some ICB coins and now I am quite a bit seeing it as a scam operation, though I wish the opposite.

Anyways thanks a lot man, please do post more strategies and do you have any idea how we can cope up with the losses given initially when buying a coin ?
1886  Economy / Speculation / Re: Bitcoin Rally keeps on! Watch that Chart to 2000$! on: December 26, 2016, 07:01:33 PM
Looks like it's the third time bitcoin persist to hold on $900 no matter what or how much people in rush sell obviously.
People can't hold their desire to get small profit instead of long term holding which could give you more.
Don't be afraid, bitcoin will always develop as many people trust it, do you?
Yes, the sustaining price levels around $900 definitely will trigger a gateway towards $1000 in very quick time itself.

I guess many people are now realizing the potential of bitcoin and started to hold for new all time high price levels or even $2000 levels too. I guess $1000 will be tested and will be passed away similar to intermediate resistances. I mean to say there will not be any heavy sell-off there.
1887  Economy / Speculation / Re: I sold half of my COLD STORAGE coins on: December 26, 2016, 06:26:23 PM
OP seems to be an early adopter of bitcoin. Only those people got the chance of buying bitcoin at that low price. If he is an early adopter sure he holds a huge volume of bitcoin compared to the users who were into bitcoin recently or few years back.
Regardless of the profits he would have made with this rally, I'm sorry to say he also will be joining that group of regretting for missing big possible profits in very near future. Because, many experts are speculating $2000 price levels for bitcoins within first quarter of 2017.

The only good thing is, OP might have sold only half of his hoarding. Still, regretting maybe inevitable in coming days.
1888  Economy / Speculation / Re: Once we hit $1000, how far will BTC drop? on: December 26, 2016, 06:07:35 PM
What makes you think it will drop?
Obviously profit booking will take place as many investors would have been targeting $1000 price levels but I believe before it makes a pullback, I guess it will set a new ATH. Because, new investors will be rushing and definitely would be more than profit booking. So, after $1000 a jump will be possible before any pullback.
1889  Economy / Gambling / Re: BITDICE CASINO - 100BTC MAX WIN, WAGERING CONTEST! 1ST PRIZE 1 BTC ENDS JAN 2ND on: December 26, 2016, 01:22:02 PM
Hello. every body! for those who need local language in chat like it more and are working their way. Now lets forward to the games on bitdice. How is your experience on the games nowadays? how much you played today and how much you got entertained? and which new features and games you want at there?

Have a Lucky day for all of you.

well everything is going better nowadays I am playing happily on the dice and having a lot of fun with them but today i was with them and spent the day with friends and got a chance to bet at a real casino. By the way bitdice is going better and for me their features are good and not feeling any lack in their features.
They are not just improving features wise but also security wise, recently bitdice offered a free 1 bitcoins prize if anyone can hack their system and just login to a account and withdraw funds. Which shows how secure the system has been since no one to date till no has been able to hack the 1 bitcoin bounty.

It means if you deposit to bitdice and gamble, one thing is sure that you cant be hacked and hacker can't access your funds or account at all.
1890  Economy / Currency exchange / Re: Selling .31 btc for SKRILL only. My rate 5% on: December 26, 2016, 01:12:42 PM
I will sell for skrill only
Okay. Please can you tell me do you accept Euro or USD because the conversion fees there is pretty high considering I am already paying 5%
Please let me know through PM if so. I would probably sell it by tonight and your fees being 5% only, I WOULD REALLY prefer you first then anyone else. Please do message me asap, thanks a lot.
1891  Economy / Currency exchange / Re: Selling 0.02 BTC to Paypal on: December 26, 2016, 01:06:11 PM
Actually in paypal a claim or charge back can be made even after 120 days or 240 days so please make sure you are dealing with the most trusted seller here. Even when someone sends you via family and friends then also they can make unauthorized payment claim and hence paypal would simply return his money and deduct that from your account.
1892  Economy / Service Discussion / Re: Is investing in mining still worth it? on: December 25, 2016, 08:40:47 PM
Anything that takes your money and gives you less than what you expected is considered a scam.
They can make it look all nice and pretty but in the end it is still a scam job when they pull the wool over your eyes.
Your definition of scam seems new to me, still a deviation from the promises could be considered as scam yet some proper explanations may delay that conclusion.

I strongly believe cloud mining industry is going to flourish again by considering the recent price surges of bitcoin. Still we need to choose legit and our responsibility again decides our profits.
1893  Economy / Service Discussion / Re: what is the best bitcoin affiliate program on: December 25, 2016, 08:32:31 PM

Ive managed to get a ton of sign ups to primedice affiliate campaign but it doesn't seem to translate into much money back.  All you need to do is put up youtube vids with links etc and you end up with 100+ sign ups.
I did the same thing but for freebitcoin faucet and I am earning decently on weekly basis. I have promoted my referral links through some PTC sites and other social medias. The good thing is people are ready to work on freebitcoin even they are not expecting any ref back benefits from me.
I guess you must have started promoting freebitcoin faucet from the beginning days of it, I tried to have more referrals for this site but I was not that much successful. Even I tried for ref back program through emoneyspace forum but I was not getting big number of referrlas. Some of my close friends also had joined there before me.
Instead of trying for a faucet program, like to suggest you to try some gambling sites as there are many gambling houses are providing attractive affiliate benefits. Other than gambling sites, you may also try forex platform's affiliate programs, they are also paying decent rates.
1894  Economy / Trading Discussion / Re: Have you ever exchanged BTC face to face? on: December 25, 2016, 08:20:32 PM
I've been using BTC for a while. I've been using it at exchanges, to trade altcoins and to order goods over the Internet, but I've never exchanged BTC with someone in front of me. At a store or between friends, or family. This despite having had long conversations about BTC with various kinds of people, and attending a few meetups.

Who has exchanged BTC F2F?
 
No I Never Tried to Buy or Sell Bitcoins Face 2 Face Because There are Many Few Persons Who Use Bitcoin in My Area Even in My State That's Why I Never Got a Chance of Trading Bitcoin Face 2 Face. I Only Use Bitcoin Online In Altcoin Trading, Buying Stuffs and Much More.
I guess you might be wrong as I was also thinking similar to you before I was trying to find my local friends through this forum in local board. If you post in your local board, definitely you may find some of your neighbors too using Bitcoins and also want to buy/sell with you. If you start finding one person then you may end up with big community for sure.
1895  Economy / Trading Discussion / Re: how can i safe from scamer members.. on: December 25, 2016, 08:03:10 PM
Be smart and don't fall for their flowery words.
I believe being conscious and smart are more than enough to secure our self from scammers. Because when we are deviating from our emotion control like falling into luring words due to greedy is the prime reason to get scammed. Yes, once we are getting greedy, we will definitely fail to analyse all the safety measurements.
1896  Economy / Trading Discussion / Re: When do you plan to sell? on: December 25, 2016, 06:43:00 PM
   I do not plan to sell bitcoins that I have, at least not this or next year. Its nice that price is rising, but this is just a beginning. My plan is to earn and hold as much as its possible for me, more longer will be more better in my opinion. In the end maybe I will not even sell them maybe I will buy something nice with bitcoins I have, to use purse.io with some discount, or something else, who knows I will decide when time comes.
Nice plans. In my opinion you are one of true adopter of bitcoin ecosystem as you are planning to use your holding instead of selling them for profit making. I guess you will be getting the maximum out of your saving compared to others those who are planning to sell at whatever price levels.

Because when we are planning to use bitcoin, definitely the benefits we are going to enjoy must be more than what those people are getting by selling and gaining.
1897  Economy / Gambling discussion / Re: Dice Games Are So Much Fun on: December 25, 2016, 06:31:31 PM
for some people gamble on a game like dice are so fun rather than gamble on sports or card games , it's okay just the matter of having different taste. just don't gamble like a mad , as most people who gamble in dice usually go mad quickly , the game seems really works with that way to hook people in short time quickly and get their money. idk lol.
Yes you are right, people have different taste but actually people like me who love sports betting but due to slow results often end up betting on the dice sites Tongue and this is why dice is more popular, it is fair (can be verified) and the results are instant and hence no strategies can be applied too. Always quick results are not profit making even we play with some strategies like martingale.
1898  Economy / Gambling discussion / Re: Would you gamble your (or your child's) school fund? on: December 25, 2016, 04:25:23 PM
I did it a few years ago, for Greece won on 2004 Europe cup final againts Portugal, but im lucky that my school fund being double because of Greece won that match, after that i never bet/gambling with my personal expense fund..
Even it is a true experience, I like to suggest you not to share this here after as it might temp other new gamblers to risk their committed money into gambling. I mean to say we do not set wrong example for the new innocent gamblers. Because that might lead to big disasters indirectly.
Yes, these type of sharing definitely will be misleading many new gamblers.

Actually I do not find the purpose of this discussion whether to warn about the dangers of gambling or just to share others experience in similar incidents. Anyway we need to learn some new lessons from others experience, that is more important.
1899  Economy / Gambling discussion / Re: how much bitcoin price now is affecting your bets? on: December 25, 2016, 04:14:58 PM
Since I'm not gambler hardcore , it doesn't affect me at all. But if bitcoin value increase 10 times from current value, I'm usually will decrease my bankroll about 20% as it become valuable so I can't waste it too much
I often do not change my bet amounts but I try to bet less, it is like I bet on sports and I do not make silly bets like parlay and all when the price of bitcoins is high. When the price is low I often make parlays with 0.01 bitcoin and 100-200 odds and hence making sure I don't loose much when the price is high.
1900  Economy / Gambling discussion / Re: Inside The Mind Of A Bookmaker on: December 25, 2016, 01:41:50 PM
I guess they don't know who will win, otherwise they just beat on the other sportsbook and stop operating,

No one really know the exact result of a game unless the game is done however in most sportsbook cases they will just confisictate your winning if they are not able to pay you. There has been alot of cases that happened with it which is why people dont really trust a new site and keep on sticking with their favourite site
That s completely a different story that some sites might scam and trusted ones will go longer.

I think sportsbook have no strategy at all, all they believe is just their edge and their system. Some sportsbook want to accept your bet on minimum odds like in directbet if you choose flexible bets then they try to confirm your bet on 1.01 odds lol
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