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2041  Economy / Gambling discussion / Re: I never made any profits in dice game.. whats is your opinion on: October 07, 2016, 02:38:02 PM
I can call myself lucky because I made profit many times in dice in particular games or sessions whatever we call them. I am not talking as whole statistics. I say dice is game of luck and isn't designed to make profit from it. It is more like an alternative of having fun. Most people win but don't succeed to reach to take withdraw as they keep playing until bust all.

Actually dice game is easy and also it is easy to win. In dice i can say that luck is with us.
I know most of the time luck cooperate with us in gambling, but our greedy is not with us and before using our amount of winning we lose it. That's why we can say that our loses is increasing from our winning amount.

True, easiest  gambling of  all is  playing dice game for me. And   dice  games do rely  fully on  luck and doesnt require any skills and  experience. You are  right greediness  is the most common thing thats  why we suffer huge losses  on the end  because  we  are intending   to play even more  and  aiming always or profits.
Yes, the easiest gambling is not profitable for myself too. Even I could manage some profits in some days, I was never successful to leave off gambling with profits. Maybe dice gambling is playing against me in psychological way like I never want to stop dicing until I face losses.
Dice gambling must be one of the most attractive gambling as it requires very less skill set to get start with.
That must be one the reason, we are able to start dicing instantly almost. I am also not in profit with dicing. But, had an experience of stop dicing after having some profit from it.
2042  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: October 07, 2016, 01:52:42 PM
It means i think that you will never die.Lol, as i dont believe bitcoin is ever gonna reach that price in any point of time in future.Its way too much expecting out of it and it dont see it happen realistically.I can only happen in dreams.

Well op is going to be immortal at all so this is a condition and contract he made to someone that is going to give him life long.

But this is really no direction to think about it, even though we are hoping that for this to happen in the future that 1 bitcoin will be equivalent to $50,000

This is a dream come true to us if this happens, but this is the end for op.  Cheesy
Please do not underestimate the potential of bitcoin ecosystem. No one need to be immortal to see bitcoin price levels hitting huge values. Within this decade itself, we are going to see million dollars price levels of bitcoin for sure.

There are lot of enhancement projects are going on around bitcoin system to make us feel bitcoin payment system similar to paypal/visa processing. Nothing will happen in overnight, but bitcoin prices might do that.
2043  Economy / Speculation / Re: If bitcoin rose to $1M, what you do? on: October 07, 2016, 09:59:20 AM
spreading awareness on bitcoin so that people are adopting bitcoin then we will be seeing the magic of having bitcoin price levels testing million dollars. Million dollars per one bitcoin is definitely going to happen but when is the mysterious to all of us. Hopefully that may happen around introducing lightening network implementations.
Yes, bitcoin automatically will have a very huge value, but there is no meaning if it is happen after hundred years. Being a bitcoiner, we should take responsibility to make our close friends to adopt bitcoins so that we can stimulate the process of bitcoin toward hitting $ 1 million price levels.
Yes, when every bitcoiner finds his responsibility of spreading bitcoin and spreading awareness on adopting bitcoin payments system, definitely it will help the demand for bitcoin to increase.

It means we need to create more demands than what we are getting in block reward. Currently block rewards are 12.5 bitcoins so we need to increase demand more than 12.5 for every 10 minutes. Then definitely $1 million price is possible.
2044  Other / Off-topic / Re: What are you doing with Bitcoin? on: October 06, 2016, 08:11:27 PM
We need to accept the risk levels in order to gain better. Without risk there will not be any fruitful actions in our life.

In my opinion, letting bitcoin sleeping is not that much good idea, as there are many reputed earning opportunity like investing into gambling bankroll as a profit sharing partners are most commonly available to every common man.
Why not just trying with them as it is to be considered when there is no risk for our capital ?
Never say there is no risk. There are always some hidden risk as no business will be guaranteed to run long term especially even for tomorrow. A well known and highly reputed business also may go bankrupted when a technical people or employee goes wrong. Once bitcoin goes out of our hands, anything might happen with that.
You are right. Today's good business, may not be tomorrow's. But, at the same time not taking the risk might risk your entire life. So, risking some small amount is not always that much bad idea. Experts do call this 'calculated risk'. We can invest some 5% to 10% of total bitcoin saving into some reputed business.
I like your idea of investing only up to 10% of our total saving, as without taking risk, we cannot actually achieve anything in our life.

Letting our bitcoin work for us must be very effective and practical way of achieving our dreams. But unfortunately, there is no guarantee even for our capital amount. In the race of aiming for more return we should not loose our capital money. Playing safe is always a better option.
2045  Bitcoin / Bitcoin Discussion / Re: The danger of the cyptocurrencies on: October 06, 2016, 06:17:56 PM
The fear is they are decentralized and at any time they could get banned by government. And the number of scammer and fraud trader are in majority in cryptocurrency and for trading we should first find a legit and honest trader with whom we can deal with cryptocurrency. I have already bought 0.1 and if those get banned then I will get banned from my business.
The decentralised nature of Bitcoin makes it extremely difficult for Bitcoin to be banned. There are over thousands of Bitcoin nodes over the world and the government would have a hard time limiting the use of Bitcoin by banning Bitcoin nodes and websites related to Bitcoin. Even if they do aggressively ban it, users can find another way to use it and it would push it even more underground. The government can however, restrict the number of Bitcoin startups and merchants accepting them. This can at most slow the adoption of Bitcoin.
Yes, bitcoin or any other crypto currencies could not be stopped being used by imposing any ban. That must be one of the power of decentralization, so the dangers of getting banned is somewhat meaningless with respect to any decentralization system. Government restrictions will not disturb impact the existence of bitcoin system but may affect its growth rate.
Yes, I am also seeing people are from some bitcoin banned countries are still saving bitcoin and getting the benefits of using bitcoin as investment.

Maybe they are having some restrictions to spend/use bitcoin in that country but not for saving bitcoins.
Future might change, so they will have bitcoin restrictions lifted out so that they will be freely using for their daily life needs. So, the dangers of getting banned not permanent.
2046  Economy / Speculation / Re: If bitcoin rose to $1M, what you do? on: October 05, 2016, 08:17:44 PM
No no one will be that much pessimistic that bitcoin will have $ 1 million price levels only after decades. The surprising fact about bitcoin must be no one will know when bitcoin will boom, in 2013 bitcoin rose from ~$15 to ~$1200. The growth rate must be unimaginable, why not that may happen again.

When big companies start adopting bitcoin payments, the demand for bitcoin might go into huge levels so that bitcoin prices start skyrocketing. In my personal opinion, I am expecting $1M to happen within next halving itself.
Next halving will happen within ~3.5 years, that is very short period of time to have bitcoin hitting  1 million dollars price levels. Bitcoin will be having continuously increasing demand rate but I am doubtful that demands are enough for worth a million dollars. But anything could happen with the bitcoin prices always as per history.
2047  Bitcoin / Bitcoin Discussion / Re: Why do people use so many Bitcoin wallets? on: October 04, 2016, 08:19:59 AM
I use XAPO. They allow me to create multiple wallets. I not understand what is the purpose for this.
Can someone explain?
Thanks!
Lol I think there is not any purpose xapo provide flexibility, because in fact there is no prohibition to use a lot of wallets. even you are free to have 100 wallet though. there is nothing wrong with it. but of course has a lot of purses will make you confused? so use only as needed
Yes, getting involved with the so many different wallets and dealing with many different passwords and seed words really getting our life messy if we are not properly managing them. Having multiple bitcoin wallets for different purposes must be right idea but having them without purposes might lead to more confusions over time.
2048  Other / Off-topic / Re: bitcoin affects life a lot on: October 04, 2016, 07:35:09 AM
Bitcoin had brought a great revolution in my life because previously i had no option top earn money online, i search for job and ended up finding useless jobs which don't pay even $1 monthly sop after getting bitcoin i can now make $20 easily from bitcointalk and faucet. Thank bitcoin for changing my life.
That must be ridiculous that you got your life changed just with $20. But you have not mentioned that you are making $20 in one month or weekly, but I believe this is not possible within a day. Still, in third world countries also $20 is not a big money. But for the student, as a part time work might be a very good amount to change your life.
Your doubt is right as $ 20 is not a big money to get life changed. But we need to think in depth like the struggling for finding a big and right way of earning online continues before bitcoin. But, with bitcoin he finds his struggles got over. That must be a very big change in his life just due to bitcoin introduction.
2049  Other / Off-topic / Re: Why would customers use Bitcoins? on: October 04, 2016, 06:51:09 AM
customers using bitcoin for their benefit because using bitcoin. you also know that bitcoin payment system is one that is very easy to use transactions, a very simple and fast
That would benefit the customers but on the legal aspects the merchants will have a problem as they are putting their business in risk, we have to remember that bitcoin is not yet regulated and government wanted to account for all the transaction to collect tax.
Now a days, merchants are having immediate exchanger to have their bitcoin to be converted into fiats immediately. Moreover many merchants are getting their bitcoin sales settlement only in equivalent fiats. This way merchants are highly protected from fluctuating bitcoin prices and from other bitcoin related regulations.
2050  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: October 03, 2016, 07:00:28 PM
It's not strictly gambling but I think alot more people have got rich from stock markets that have crashed or a sudden burst in interest in their stocks that goes through the roof after buying lots of it at a very cheap price. For example the guys who got in first with bitcoin.
But, stock trading is comparatively very much safer than gambling.

I agree that stocks also crash in quicker time but you will get chances to get profits by waiting some long period. But in gambling, there will not be any second chances, once you got thrown away you need to forget about your capital.

Losing money with gambling is very much obvious. So, becoming rich with a gambling is unbelievable one.
2051  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: October 03, 2016, 05:37:47 PM
I am able to manage to earn from both of them very comfortably, so I don't think there is any point in quitting my job and choosing only single source of income, its always good to have multiple sources to earn money.

Yeah if someone can easily manage his time for both then he really doesn't need to do that, but if someone thinks that he cannot give anytime to bitcoin world because of his day job while he can earn more with bitcoin than his regular job then in that case the person can leave his job.
I think I am one of those who were able to manage the time in both real life job in my day job because I can make it all better and I am earning on both, it is just a matter of time management and prioritizing on what you do. Of course, when you prioritize you need to sacrifice something.
It is also important that we look at the income from both of them if we are earning a lesser amount in our day job which are much lower in relating to our bitcoin earning then we do not need to give time to day job but have to give full time to bitcoin.
2052  Economy / Economics / Re: Why the price of Bitcoin change more than traditional currencies? on: October 03, 2016, 01:27:18 PM
The government also need to control on how much money they print as the more you pront the lesser the value you will get. The Supply and Demand concept is still in place. The only different is is that BTC has a finite limit where our Fiat money has not. So that's why BTC prices are more volatile than real money
But, you have to know that when the supply becomes limited then a at some stage the price become stable and it start to run in a uniform rise because of the increasing demand with the day and when a stage come when the demand and supply becomes constant to each other then stability occurs.
2053  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: October 03, 2016, 06:54:09 AM
The best time to become a trader is when you are ready. Grin
Most simplest answer. But, the readiness may be defined by everyone differently. If you are short with your skill, you may not get more chances to make your trades profitable.

Instead of rushing towards a trader, we should develop trading skills before touching live market. But bitcoin trading is considerably low risk involved whereas commodity trading or Forex trading are very much dangerous they definitely need more skill development before we can assume we are becoming a trader with them.
2054  Economy / Gambling discussion / Re: Do Girls also gamble? on: October 03, 2016, 05:44:55 AM
Like men, girls can gamble too the best example of this is in the real world casino they are girls gambling but in my opinion girls can be addicted to in gamble like men.
Yes this is true when men can do gambling girls can do also it is the best example if you had already a girlfriend and both of you are always go on the casinos girls are much more luckier than boys i think so  because in everytime i played with my girlfriend i always won.
But, here we do not have any casinos, I do try only online gambling. But whenever I visit gambling sites, my girlfriend will not allow me as she usually does not prefer wasting money. In my opinion, girls are more conscious about saving money particularly not agreeing for spending for entertainments.
Unlike men, world wide girls differ in their characteristics based on their tradition and culture. Only in first world countries, girls may go for gambling, I'm very much sure in India kind of very culture conscious country girl, definitely will not prefer going for gambling.

Secondly, girls are usually preferring saving money than spending it. So, we can expect this characteristic across all the countries' girls.
2055  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: October 02, 2016, 07:55:40 PM
i am not but if it really happens then i am not gonna leave the golden chance but the odds are clearly next to impossible with currenct market demand amd supply of every trading platform even the lowest platforms are crowded too
The price of an asset comes down only if a strategy occurs to it and after that people try to run away from it so I think people will not buy at that time but will try to sell so that to recover their money back. Maybe some traders will not sell but will buy and collect for future and good time.
2056  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: October 02, 2016, 06:31:27 PM
Bitcoin is not a good investment. It might be a fine gamble, but it's purely speculative. An investment would be better served in a business that generates a profit. That's what causes stock prices to go up, businesses becoming more profitable as they grow. Bitcoin becomes more valuable if more people think it's more valuable than before. It's very arbitrary, and arbitrary is not what you should be looking for in your investments.

It is true what you say, but basically the bitcoin appeared to give an advantage to us, so if we have a good enough money then it would be better used for investment in the bitcoin. because the price of the bitcoin is unstable and it can be used very well when we want to do it


1 btc is always a good amount to have in our wallet, but I won't prefer to simply hold it for long term but if I have 1 btc then I will start trading altcoins with it to take my volume of coins to higher level.

you don't have to tie yourself to have 1btc just for holding purposes. alongside that, you can also have a seperate balance that you can use for trading purposes. that's also how i work. i have for each purpose a seperate balance. that way i can benefit from many aspects such as long term holding, short term holding, trading, and the list goes on.
If a person hold lower amount or larger amount he wil get the benefit as we all know that the price of bitcoin increases and the increase is not like other assets but it increases much faster and when a rise up starts we see the price increase to double up our money so any person having some bitcoin at least for a year will see his money to double up.
2057  Economy / Services / Re: [Open] BIT.AC :: Signature and Avatar Campaign on: October 01, 2016, 05:07:06 PM
Thanks a lot SFR and bitac for prominent payments.
I am a hero member now and I am waiting as per your FAQ for any possible slot for my new rank. Thank you again.
Thanks as well for confirming. Yes, I've marked your account since last Tuesday and when new spots becomes available, you'll be slotted in accordingly.
You are so proactive and really working hard for running this campaign in an excellent way !

I just noticed you are too hero member now, many congratulations !!
2058  Economy / Services / Re: [Open] BIT.AC :: Signature and Avatar Campaign on: October 01, 2016, 01:11:26 PM
Thanks a lot SFR and bitac for prominent payments.
I am a hero member now and I am waiting as per your FAQ for any possible slot for my new rank. Thank you again.
2059  Other / Beginners & Help / Re: Newbie here on: October 01, 2016, 06:22:02 AM
Hi,is this forum will give us free bitcoint ? How can i do for that ?
You can try looking for free bitcoin on faucets but it will need much time, in my opinion you should learn more about bitcoin and another cryptos coins for first time and then after position of account bitcointalk going up become full member. You can try to joint on signature campaign, i think it is best way for get free bitcoin.
As he is looking for a free bitcoins and he is newbie (he mentioned in the OP) so for him it is better that he start to get them from faucet. He have to work on a number of faucets with high payout and with that he will read the info about bitcoin and with that he will earn and learn at the same time.
2060  Other / Off-topic / Re: Will you accept bitcoin as your salary? on: September 30, 2016, 07:31:01 PM
of course i will accept it, bitcoin is my main currency in online world, if someone want to give me salary, i recomendation to use bitcoin than other currency
I think not a problem accepting bitcoin payments if you work online or you are already working in the section related to bitcoin, but try to think of a typical company pays employee salaries with bitcoin. I think there will be many employees would complain about it?
Maybe you will be right as I am seeing here everyone is typically paid in bitcoin and when a developer or a company try to pay in altcoin then it looks something strange to them and they feel some hardness with that currency and wish that they would be paid in bitcoin from company .
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