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21  Economy / Gambling discussion / Re: what will happen for all bets , if match draw !! on: April 14, 2017, 07:31:41 PM
If the game end up as a draw, the player lose, the house win, I think it is on their slip and option of  betting.   Since you bet for team A to win and no one wins between team A and team B, automatically you lose your bet same goes to those who bet on team B.  It is simple as that.
to me i think different games have different rules. as in sports betting if the match ended on a draw then all the bets are consider as null, and draw. but it is only what i am talking about sports gambling and i have no idea about other gambling games.
22  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: April 14, 2017, 07:28:11 PM
hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys!  Grin Grin Grin

For me gambling isn't wrong because it is part of our life today. Many people use gambling as their source of income. Many people became rich because of gambling. In my experienced since I was started using bitcoin I started to have a small business that gives me some extra income. And now I used to play gambling again so that  i have my source of income. Gambling isn't bad if you didn't able to get addicted. But yes, if your greediness overcome you. And you are being addicted to it. That's is why gambling is bad or wrong.
Majority of the people here believe that gambling is not wrong so I guess gambling is not really wrong. Me, I like gambling because
I am having fun when doing it and it gives me relief from my long time working hours daily, I just have to ensure I will not be addicted so I can still enjoy it.
in fact gambling is not wrong but it is depending on the way we play it. as we can see that most of the people play gambling without any planing and strategy therefore they consider gambling as wrong but in fact gambling is not wrong but the way we play it is wrong.
23  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: April 11, 2017, 12:00:16 AM
Because the price of bitcoin is currently rising and rising
yes, that's the main reason why we have to invest the money we have in the form of bitcoin. since the initial release of bitcoin until recently, the price of bitcoin is growing, and I think this will continue. so, maybe bitcoin can be an investment that quickly.

Bitcoin was always an investment since its inception and even in future it will act as an best investment tool so I think we are at good position to invest money in bitcoins as price will keep on growing as time passes by so invest in bitcoin till the price is not too high.
The price is keep growing because of the good events that are happening and i think it is just a start for bitcoin because soon almost of the countries will do the same as Japan and accept bitcoin to their life and those who will get the best benefits are the early investors or like us who buy bitcoins now and keep it and wait for that moment where bitcoin is so expensive and stable then we can take the profits and secure those.

The good days for bitcoin has just started and we will see bitcoin as a more powerful currency in future holding some really good price and its never too late to invest in bitcoins price will keep on growing once more investors will start investing their money in bitcoin.

Hope so, i'm sure many people out there start looking at bitcoin right now because the price of bitcoin is keep raising since the halving and people will realize that bitcoin is a good investment now.
yes there is no doubt that the price of bitcoin is continuously increasing therefore it is a good investment in present time.
i agree with you that bitcoin is the best investment now. because bitcoin can give you unlimited income from trading alt coin. it can also keep your bitcoin  very safely. as the price of bitcoin is continuously increasing therefore it is still the the best investment.
24  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: April 10, 2017, 11:58:51 PM
I believe bitcoin is money because of bitcoin I can use it to spend stuffs, buy online and transfer money online. By doing transactions online bitcoin really helps me because its no hassle, less effort and I can save time.
yes there is no doubt about this that bitcoin is money. as we can even use it for shopping without changing or converting it in to fiat currency.  for example in my area there is a single supper store who are accepting bitcoin for shopping.                                                                                                                                                                                                   
25  Bitcoin / Bitcoin Discussion / Re: How do you keep your bitcoins? on: April 10, 2017, 11:52:20 PM
I have all my coins in on an online trading site (paxful) (low volume)

I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.

What is the best way to do this, and what's the best way of ensuring a backup?

How do you currently store your coins

thanks in advance for any inputs

for me in local exchanger , but i think this is very dangerous because we do not know bitcoin for 5-10 years in future , be better if you save or investmen you can use real money like dollar Smiley
to me i think i keep it in online wallet. as it is more convenient and safe method of keeping and saving our bitcoin one can use it any time and from anywhere.
26  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 10, 2017, 11:50:49 PM
I don"t thing using bitcoin for our daily use is easy. Because it is not legal in many countries. We can not buy things from small shops with bitcoin. In present situation if we want to use bitcoin we have to change it to dollar or any other currency.
but still in some area it is use as for daily use. as we can see that in Brazil there are dozens of shops who are accepting bitcoin for shopping. they also use bitcoin for paying bill and for so many other thigs..
27  Economy / Economics / Re: Make money from money on: April 09, 2017, 11:57:25 PM
Make money from money can be done if we become investors, usually investments into stocks​
our active income be invested in stocks and it will makes other money
 because as we know make investments into stocks will getting dividen of profit from the stocks
​ for get money from money with stocks​ we must buy stocks a little by little weekly, monthly and hold them for long time.
Not only in investment we can make money from money, there is a lot of ways to make money like gambling but that is not a good idea since it is just a random system which depends in luck. Trading, which is a good way to make money from money but you need to learn the basics first so you can avoid getting lose stats in your trading.
Trading is sort of an investment in a lot of cases as well.  Often in an exchange you'll put money into something (like a cryptocurrency) which you believe will do better in the future and you can sell it.  Investments are a very broad subject and just relate to you believing in something enough to put your money into it.
All investments are risky and trading is no exception so if you want to make money from trading then you have to gather the knowledge about the market trends and understand the price movements thoroughly and once you implement those knowledge and skills it can bring good money for you.

Why we discuss it a lot? It is clear everyone could make money from money. Without money make money, it is really hard way. But if we have money than only we need skills to do work and earn money from money.
We still discuss this a lot because still hard for us make money from money and we try to share what the best way to earn money like we must have investment or something that need money for make money and for you idea it's good how to make money without need a money.
i think those people who have a lot of money they have more options to invest their money in different places and make more and more money. they can distribute their money in different business and can make more money from it.
28  Economy / Economics / Re: Is it better to save money or invest it? on: April 09, 2017, 11:52:23 PM
Investing money even when at a risk is always better than saving money for use later. Investing will always yield profits if one can invest in the right business.
yes i am agree with you if you want to increase the amount of your money then you have to invest it. in fact we can see that there is always a a great fluctuation in the price of bitcoin therefore there are more chances to make good profit in a very very short period of time.
29  Economy / Economics / Re: Bitcoin can not replace fiat on: April 09, 2017, 11:47:56 PM
although today bitcoin so famous, but I think bitcoin will not be able to exceed fiat. basically, almost everyone uses fiat, because it enabled them to carry out transactions for their needs each day. but, most people only see bitcoin as an investment tool, or business. so, in this case, bitcoin might not be able to replace fiat.
actually still majority of people do not accept bitcoin and that can be the only reason that they do not have enough knowledge about bitcoin. i am hopeful that when they will know about bitcoin then they will start using bitcoin.
30  Economy / Economics / Re: If you were in desperate need for money.... on: April 09, 2017, 11:47:01 PM
I have a day job with decent salary but I have to face this situation ever in my life then I would borrow money from colleagues as they are working with me since long time and have blind faith in me that I will not run away with their money and will pay them back on time.
some time it become hard to borrow money therefor i try my best to save so extra money for intense need. for this purpose i have invested my 80% amount in bitcoin while the rest 20 %  i usually save for my intense need.
31  Economy / Economics / Re: The future of the paper money on: April 08, 2017, 11:47:44 PM
Paper money will not be banned completely.Recently, indian government tried to demonitize high value paper notes inorder to increase digital transactions.But it didnt give any expected results and when new notes were released,people once again started using paper currencies.Venezuela also tried to demolish paper currency and failed.So,paper money would exist in future but its users would get reduced in numbers.

In reality, Paper money can't be banned forever. You know our world whole depend on paper money. Without it we can't live and eat and nothing we could do anything. Just you give us example of India, it is true, their government do it, but still Indian's government not want to close paper money. They do it because they want to control their value of money.  
yes that is very right that paper money cannot be banned but its use can be reduce. if the user of bitcoin will increase then the use of fiat will automatically decrease.
32  Economy / Trading Discussion / Re: I quit trading on: April 08, 2017, 11:47:22 PM
there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
i do not think that trading is as risky as gambling. to me i think gambling is more risky than trading. in trading we use our skill and experience while in gambling we mostly depend of our luck.
33  Economy / Trading Discussion / Re: What is your trading strategy? on: April 08, 2017, 11:44:59 PM
buy if prices fall and sell when prices are high and do not miss the news.

bitcoin sell when people need it and think bitcoin is the future.

If that is your strategy just be careful on the coin that you trade, much better to learn first all the coin that has potential to increase it value because if you only buy and sell coin there is a possibility that you money will stack at the coin you trade. And that is not good in trading.
and to me my strategy is very simple. As i am earning money from trading alt coin therefore my strategy is to select a potentially good alt coin. i mostly invest my bitcoin for long term.
34  Economy / Trading Discussion / Re: How is trading *not* gambling? on: April 08, 2017, 11:42:15 PM
Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.
i do not think that it is such a hard to explain, as the main difference between gambling and trading is that gambling is more risky than trading,
35  Economy / Economics / Re: How many Bitcoin do you have saved? on: April 08, 2017, 10:13:35 PM
I have not saved that much currently I only have 1BTC but I plan to up that this year and with luck reach something close to 4BTC before this year ends and after that I will try to keep increasing my holdings in bitcoin by taking opportunities when the price decrease so I can buy even moire bitcoin.
to me i have saved a good amount of bitcoin  and still earning bitcoin from a signature campaign and trading alt coin. i think trading alt coin is one of the best way of making money.
36  Economy / Economics / Re: Bitcoin or gold? on: April 08, 2017, 10:11:35 PM
I would always say that gold is better than Bitcoin, we know that gold already stored for thousands of years peoples and never drop significantly, 99% of the world population to know gold, while only 1% of the world population know bitcoin.
everyone has their own thinking and thought, but to me both bitcoin and banks have tier own benefits. as gold is gold for saving money. while bitcoin is really good for investing money and making more and more money.
37  Economy / Economics / Re: You should never trust banks on: April 08, 2017, 10:09:44 PM
If banks were not there we could be living same as that we lived centuries back. Another thing is that banks serve the community directly though it has got lots of flaws in the system. Importantly without banks we could have never thought of bitcoin or virtual currencies. Just to have an advancement than the other bitcoin is innovated.
It's hard to compared bitcoin to bank when one does not understand the uses of two, for me I understand it very well and I Know although bitcoin
is very valuable but it is not a legal currency, hence it will never be powerful as fiat. Banks are existing for centuries, so if people does not trust
banks they would not grow that big, we have to accept the fact it is what government are supporting than our bitcoin.
to me i do not think that it is fair to compare banks with bitcoins. as bitcoin is a currency whereas banks is just a method of saving money. i think in preset time online wallet is the best way of saving money as compae to baking system.
38  Economy / Speculation / Re: What will happen when 1 satoshi is $ 1? on: April 08, 2017, 06:27:19 PM
Please do not dream, we have to be realistic, I'm sure before the price $10.000 bitcoin will be destroyed because everyone would sell them and not leaving until the prices drop and could not rise again.
Don't worry nothing like that will actually happen because bitcoin is really strong and holding it's price solidly amd if you see there are very less short term investors most of the investors are long term so it will kind of be tough to reach 10k but it is definitely possible.

When prices rice $10,000 then I don't think even if everybody sells their stash for sure the prices will not plummet and it will retain a high price. It got there for a reason for sure and not just because people are manipulating the prices. Though I don't think it will reach that far. Probably something new will replace bitcoins, we wouldn't know it for sure.
I don't think until all bitcoins supply is over there would be anything that would replace bitcoin. Maybe from what i think when the bitcoin reaches 21 million the price will be at it's highest and maybe after a year most people will start selling their bitcoins and ya this will be the time they will invest in another coin which i think will be eth
to me i think if all the supply of bitcoin will over, then the price of bitcoin will increase more and more because the demand of bitcoin will increase because of decrease of bitcoin.
39  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: April 08, 2017, 06:22:04 PM
bitcoin is kind of the opposite of the bank, it's a free and decentralized anonymous currency!
But ofcourse it's similar to a bank because you have a wallet and you can transfer money to others.

Right, when we use bitcoin, So we have no need to save it into bank, it is just like when we buy bitcoin and save it into our wallets and hold it for a time, then its decentralized quality give us profit. When bitcoin's price increase than we make money from it, So why we need special banks for bitcoin. 
in fact bitcoin do not need for any bank to save it. we just need a wallet where we can keep our bitcoin and can use it from anywhere. it has really give us an opportunity not to visit any bank for depositing or withdrawal of bitcoin.
40  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: April 08, 2017, 06:16:34 PM
My first ever experience in bitcoins is the time when i dont have no knowledge of what i am doing at start.I have read many bitcoin articles when i started first but it took me long time to fully understand earn through it.
yes in very start i was also unaware of bitcoin. but now i have a very knowledge about bitcoin, i am earning a good amount of bitcoin from trading alt coin. i will like to continue it for ever.
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