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21  Bitcoin / Bitcoin Discussion / Re: Saving bitcoins on: June 13, 2017, 04:28:19 AM
It will be difficult to come up with a correct answer, but for me I think the best thing is to link the amount of BTC in your account to Fiat and calculate the interest on a daily or weekly basis. The rise in BTC last year resulted in high default rate on BTCjam. Quality search need to be carried in the area to be successful
22  Bitcoin / Bitcoin Discussion / Re: How do you convince people into you using Bitcoin? on: June 13, 2017, 04:25:01 AM
I would not try to convince anyone to use bitcoin or the opposite. What I would do would be to explain what bitcoin is, how it works, its applications in the real world to this day and future expectations. If they are interested then I would explain more in detail, how to get a wallet, how to send and receive funds, etc. Once they had their wallet, I would lend them some funds to try for themselves. I would never recommend going to the faucets because they would get bored. Anyway I think over time you will not have to go tell anyone about bitcoin but it will be the other way around. As it becomes more popular and known, people will come and ask us about "that thing you do with the PC".
23  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: June 13, 2017, 04:23:47 AM
If everyone stops using it or if in some way becomes wothless, these are the two situations I think of that could make bitcoin die. But I don't know what could cause something like this, people get used to bitcoin and all benefits that it gives and demand is geting biger all the time.
24  Bitcoin / Bitcoin Discussion / Re: Bitcoin or Altcoin? on: June 13, 2017, 04:22:30 AM
I think some altcoin will replace bitcoin in the future, this is a very young world, and alts have many new and novel implementations, it would be good to keep a percentage in bitcoin and invest in other alts
25  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: June 13, 2017, 04:21:23 AM
My reduced from wallet bitcoin  just to buy my internet quota
And I plan save bitcoin to be traded later if enough value, so it gets extra revenue.
26  Bitcoin / Bitcoin Discussion / Re: What do you think of people that treat Bitcoin solely as an investment? on: June 13, 2017, 04:17:33 AM
Let everyone treat it as investment/ a form of wealth, then hoarding will start. There wont be supply only demands, which will cut short the daily trade and volume exchange that increases the price and get a lot of people involve in the daily trade. Investment is good but not the best way to hold a currency.
27  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: June 13, 2017, 04:16:34 AM
Nothing seems a problem with bitcoin, right now ethereum has made a big growth. This makes people think that bitcoin might go down in value. But the reality is that more the growth experienced, more will be the competence and based on this always bitcoin stands first.
28  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: June 13, 2017, 04:15:08 AM
im sure it can...but it will take a long time to make bank dissapear...
but make sure that all people know what is btc...in my country just a less people know bitcoin...
29  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: June 13, 2017, 04:13:53 AM
I doubt that really many people left their jobs cause of bitcoin. Yes that's true that with bitcoin you don't even need to leave your house, but it is still stays not sure income. And I believe that the biggest mass of people earn bitcoins in their free time like underworking. I am one of them.
30  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: June 13, 2017, 04:11:35 AM
I think this criminal activities using a bitcoin has been predicted by many people especially big names and the government, but with the popularity of bitcoin, I think they can't stop people from using them, and the fact that it also helps their country to develop their economy.
   
31  Economy / Exchanges / Re: Cashing out large amounts of bitcoins? on: June 13, 2017, 04:09:47 AM
Really, i don't have that experience of Cashing out a large amounts of bitcoins. My limit is 1k$ which it's too easy by using some exchanging site or by sell it to someone who trust and who know very well. But with a high amount of bitcoin, you should search for big campaign to do that. I don't have any idea who can do that.
32  Bitcoin / Bitcoin Discussion / Re: Crime funded by bitcoin on: June 13, 2017, 04:08:42 AM
Bitcoin is not the problem and never has been the problem. Such thinking is simple minded and people who think this way are almost always certainly no ones. Crime can be funded without money did you know that ? Crime can be fueled by hatred .  Blaming bitcoin is like blaming the internet for pedophiles. Anything can be used for good or bad.
33  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: June 13, 2017, 04:07:38 AM
bitcoin is one of the world's juiciest prizes for hackers. there must be thousands or tens of thousands who've tried to break it, let alone governments and banks, and they all went away with their heads bowed.

this forum would not still exist if bitcoin had been cracked. if it is we'll sure as hell know about it.
34  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: June 13, 2017, 04:06:17 AM
See just like any other currency is also used for illegal activities, Bitcoin is also used for illegal activities. Bitcoin is not an exemption for such acts. It cannot be prevented from using for such causes, unless the user himself avoids such activities. Otherwise, Bitcoin is such a nice innovative currency.
35  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Sound Money? on: June 13, 2017, 04:04:47 AM
Bitcoin has proven to be sound as gold/fiat currencies if not more sound. It is faster to move arround, it is backing more than 600 other cryptocurrencies, Its value has increase over the years at an exponential rate and only downside with Bitcoin is that it is deflatory
36  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: June 13, 2017, 04:02:20 AM
See there as such is no risk in buying 3-4 bitcoins.
This is because the value of bitcoins fluctuates around a stable value.
That is consider today's scenario the value of bitcoins is stable around 1100$ but fluctuates a bit.
So if you purchase 3-4 bitcoins and if the price rise or growth rate of BTC is slow you won't loose much.
   
37  Other / Archival / Re: Do you think that you're addicted to gambling? on: May 01, 2017, 08:53:14 PM
I was addicted to gambling in the past as whenever I used to have bitcoins in my wallet I simply visited gambling sites to multiply my bitcoins fast but most of the times I have lost my money and that made me realize that its good to stay away from gambling.
38  Economy / Gambling discussion / Re: Play with your profit or not? on: May 01, 2017, 08:51:27 PM
I think its better to withdraw profits and invest that amount at some different place from where you can get guaranteed returns as you keep on gambling with profits then in long run you will surely loose everything that you have.
39  Economy / Gambling discussion / Re: GAMBLING & TRADING on: May 01, 2017, 08:49:45 PM
I prefer to trade than gambling. I already have a lot of experience in gambling, and that sometimes makes me lose a lot of money. But not with trading. Although it's pretty complicated to run, but with a little patience, we can generate a lot of btc, or money from trading, especially if you're good at analytics.

Yes trading is better then gambling where with good knowledge and skills we can easily make some profits and trading is not totally based on luck like gambling and in gambling either you win or you loose there is no third option available.
40  Economy / Gambling discussion / Re: Cricket match prediction discussions on: May 01, 2017, 08:45:06 PM
All thanks to Ben stokes wonderful century and MSD, Christian's Cameo, RPS is now back in the league. They've got a good chance to come back and make a position in the qualifiers now.
Even KXIP has a chance in next match to make this season qualifiers. Lions about challengers are officially out from today and Daredevils were already.
Ben Stokes single handily took the game away from Gujarat Lions by scoring a wonderful century and if not for his innings they could have lost the match as they started loosing wickets right from the start as they lost three wickets with ten runs on the board and then Stokes started a counter attack and finished off the match with a ball to spare.

Yeah, he alone managed to get 70% of the runs while the other batsmen like Smith and Rahane too failed in scoring. They were 10 for 3 and it looked like the match was lost in the first 2 overs only. Dhoni did manage to lift up the score with Stokes and then Stokes took it forward. Anyways, it's the end result that matters and now Pune have a good position in the table. Hope they make it to the qualifiers.

As expected by me that Gujarat lost their main bowler Andrew Tye who was very good for death overs and it proved it, in the starting the other bowlers did well but after that they were not able to control pune and lost it, Ben Stokes really fought well with Dhoni support and in the Last Christian also helped and won the game. Now pune are in top 4 position and RCB are out of the game.

The journey has come to an end for RCB inspite of having some big names in the list but no one could perform to their caliber and now Pune has greater chance to qualify for play offs so now onwards each and every match will be very exciting to watch.
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