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2101  Bitcoin / Legal / Re: Which country is legal for gambling on: March 06, 2017, 02:26:06 PM
Only a few countries will allow gambling as legit, there are many countries still not allowing gambling sites in offline. But people from their countries are still paying online gambling without any problems, maybe in future governments will authorize the license for online gambling.

No country prohibits online gambling unless they received report of fraud such as misappropriation of funds from an investment multiple people to play on gambling sites. If the address of a gambling site is blocked, there are many ways to access the website and this is not the right solution.

Overall offline gambling is legal in many countries that are not so dependent on elements of a particular religion (capitalism and liberal).
2102  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: March 05, 2017, 07:25:50 PM
first time hear about bitcoin is around mid of 2014 and bitcoin is digital money which its can't touched and we can earn bitcoin free with claim some faucet that is why i am interest with bitcoin and finally found this forum and can know more about bitcoin and how to earn it more Cheesy

Now surely you already have a lot of advantages if you collect a lot of bitcoin in 2014, the current exchange rate is $ 1,274 for 1 BTC, this difference is quite remarkable when compared with two years ago. We recommend that you collect more BTC again, because I am sure there will be spike very significant because this month is determination of SEC will decide accept bitcoin or reject it.
2103  Economy / Economics / Re: Invest your bitcoins. on: March 05, 2017, 07:04:09 PM
HYIPs are the kind of investment sites that we should avoid because that is very risky even though it offers big returns because most of them are just existing for a few weeks and then they will disappear and stole the investments of their innocent investors.Bu t those kind of scam scenarios can be avoided if the users are good in doing background checking first because that is how they can know if the site is fully transparent which can help for lasting for long run.

HYIP is term investment program that promises high profits. You should first sort out categories of hyip itself, basically they are group of people or company that holds an investment fund to be developed in three stages of period (short-term, mid term, and long term).

Funds invested developed in forex, cloud mining, gambling, even pure member get member. We must first understand their concepts, don't immediately assume they are same element.

That isn't recommended is taking a ponzi scheme, encouraging people constantly without product or type of work. I want to clarify that HYIP concept and investment assets are the same, the difference for HYIP is no ownership papers as we get when buying gold, here need full awareness because it's very risky, but it will be successful if we choose site with significant long-lasting community.
2104  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: March 05, 2017, 06:36:54 PM
Income tax is not controlled by government policy, but applied for a bitcoin exchange market in their country, they are subject to income tax for each transaction and management of buildings and permits company. We actually taxed through transactions on exchange market (VAT) on all of our transactions. personal income tax will be imposed if there are companies that pay you with bitcoin in the future.
2105  Bitcoin / Bitcoin Discussion / Re: It's freaking 2017 - Do you own 1 BTC? on: March 04, 2017, 11:32:01 AM
I remember several years ago similar poll was made and i was surprised most of the users answered NO.
In case your answer is still NO, I'd like to know what is your main reason not to own one bitcoin?

Happy holidays!

edit: grammar

Yes i own 1 bitcoin and it comes from my profits in altcoin trading and also my profit in trading ethereum. For me it doesn't matter if a person own or didn't own 1 bitcoin because that is not a big deal because if you haven't reached that yet then work for it, be patient in working to reach that 1 bitcoin balance. You can do a lot of things to get that 1 bitcoin like signature campaign,freelance,trading and so much more.

i want to reach that but my earnings here are for my daily live needs, can you tutor me for a while? i think i can save some money too but not for long run  , i already wish this 1 btc saving balance on 2016 and still 2017 i doesn't have this shit. I love seeing people having a 1 bitcoin and waiting for the long run for bitcoin 2000$ rate as of this month. I want to know more skills, i apply my all intelligence via online like here in bitcointalk campaign,freelance for paying apps and trading Bitcoin to dollar ( vice versa)  and more on but still i cant get that 1 bitcoin savings!

You need time to collect it, I myself took two years with patience, I was initially same as you did, but I'm more daring little to invest in mining program and some programs are not wearing Ponzi scheme (HYIP). Success today after waiting for six months, I get 0.02 btc for each month. Other than that, I stay focused for signature campaign and trade.
2106  Bitcoin / Bitcoin Discussion / Re: Introducing bitcoin is not that easy on: March 03, 2017, 10:18:16 AM
It also depends on how will you look bitcoin. Well, bitcoin is best way for money laundering and that's why someone afraids but at the same time someone is happy for that fact. On another side bitcoin is great investment because of it's often changeable price. So introducing of bitcoin also depends on person's interests. If anyone don't wants to look reality, you can't do anything.

When describing bitcoin, we must first consider background of people who listen to us, there are two types of most common: workers and investors. Money laundering and level of price movements that don't significantly affect the workers, because they are looking for Bitcoin without capital. While investors always consider risks.

People who are accustomed to doing both would not worry about anything, because every opportunity is always put to good use without considering all possibilities.
2107  Bitcoin / Bitcoin Discussion / Re: "With Bitcoin/Crypto, what are you most optimistic about?" on: March 01, 2017, 10:48:07 PM
Bitcoin is something that could change the world economy because it's decentralized. No matter how strong government to intervene, they will ultimately recognize bitcoin after much deliberation and calculation. None of institutions and groups that are able to stem mass technology, the best way is to regulate the system. Bitcoin will find best price in next few years, and make users become prosperous.
2108  Other / Off-topic / Re: Who controls the Bitcoins? on: March 01, 2017, 10:23:33 PM
Miners control bitcoin. Network in their hand and most from china. And they also control price.  Wink

I partially agree with you. The miners are securing the bitcoin because users give value to this. So my view, even though how to control something which is unregulated, is devs because maintain the code, miners because secure the network during mining process, full nodes because they validate the transactions and blocks from miners, and relay them to other full nodes and the normal users because promote the currency, thus increasing the value of it. So imo the bitcoin community controls bitcoin
The bitcoin community as a whole control the bitcoin. As quoted miners are much important as they are responsible group to generate and secure the coins. This is followed by the developer team who support with the perfect systematic process for miners as well the user community who are the sole responsible group for speculating more about the move and make it successful.

Bitcoin separate into two types of miners/developers: bitcoin core and bitcoin classic. This has already happened with ethereum, I think these two groups will compete to controlling bitcoin on trade market in future. Government also has the potential to control with the provisions of tax laws, because they certainly don't want to miss getting wealth of their people.
2109  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: March 01, 2017, 09:47:18 PM
Are you a bitcoin fan?
Do you spend a lot of time on bitcoin? Reading news, trading, or even writing your own analysis.
But how did you first hear about bitcoin?
Is it some articles you read about? Or just from a friend who has traded bitcoin for a long time?

Share your experience with us. Grin

I first heard bitcoin to some of friend in a social media which is facebook. In the beginning like, I get feel bored when my friend told me to read the forum it was kind of a bit bored honestly speaking, but when I keep reading in the forum it is all of a sudden I became more interested to find the deepest purpose of bitcoin until I found out bitcoin is such the best virtual currency nowadays.

Maybe you're bored with explanation of your friend, but now you have extra points if you explain to your other friends, because many emerging bounty campaign on facebook and twitter, so they will be directly involved in campaign by earning a pretty good deals. I am confident, next bounty like this also allows for a reddit account, instagram, and pinterest. There are many ways to promote something, and together we will be involved in it.

First time I heard bitcoin also from the Internet, and at first I was not too interested because it offers a small income, but I realize that a lot of revenue to be gained by following variety of businesses that offered. (Multiple stream income)
2110  Other / Off-topic / Re: Whats Your Current Balance In Bitcoins ? on: March 01, 2017, 09:15:03 PM
Hello Friends !

I Am writing a study paper about bitcoin BTCBTCBTCBTCBTC , so can you all tell me how much bitcoin do you have & where do you store them ( online wallets OR own computer )  ?

THanks To Eveyone Who Answers
You are writing about in bitcoin, but asking personal things to any members here. Do you think with your topic you can get an honest answer to your question. They won't tell on this thread of how much they hold bitcoin now, possible they will tell you where they put their bitcoin, like I put my bitcoin on my Electrum wallet.

You must create a poll with a choice of "how much your current bitcoin balance + What kind of wallet you are using"

Balance bitcoin is privacy and I am sure you will only find incorrect data if asked directly. If you are looking to make a case study of sampling theory, you should create a form of online/offline correspondences, then you can draw conclusions from average participant.
2111  Economy / Economics / Re: bitcoin provide income on line? on: March 01, 2017, 03:43:56 PM
many of my friends did not work but a lot of money away was great when compared, to me that is still working in the factory, I was confused from where producer obtained from bitcoin?

Many successful people in bitcoin decided to become full-time crypto trader or focus on HYIP network development. It's difficult choice and had to take the final decision because it requires process and time. If you decide to become full-time online worker, you don't necessarily need long adaptation, because it already has some basic about bitcoin. You just need enough capital and a strong heart. financial freedom requires a worthy sacrifice.
2112  Bitcoin / Bitcoin Discussion / Re: WHY ....... on: March 01, 2017, 02:44:02 PM
Scammers is a profession, this can happen in any business, especially bitcoin. They will not stop and will always create a new business account is similar to previous scam program. They get a lot of BTC on various types of investment program, Ponzi was their favorite. there are some scam programs in bitcointalk, such as embezzlement of funds in various shitcoin ICO.

The best way is currently only using escrow, participant much to learn from many scams before, now they are more careful to follow something.
2113  Bitcoin / Legal / Re: Can bitcoin be frozen? on: February 28, 2017, 04:09:33 PM
Frozen you meant banning? Of course government can ban bitcoin, that the bitcoin can only circulate in underground condition and will be illegal.

To be honestly, i dont think a government can ban (to be more precisely: has the right to ban) a "virtual currency" which isnt even a real currency..
Just because people treat it like a currency it still isn't one.
If a government could ban Bitcoin, they also could ban mathematic equations and hash functions.

But back to topic:
Bitcoins can't be frozen as long as there are enough miners with electricity  Roll Eyes

Bitcoin can be frozen if there are too many crime reports of transactions in a country. This is also true if many bitcoin exchange market becomes insolvent, all members can pursue a lawsuit, and government can use financial laws. There is currently no state to do so, governments tend not responsible. But they continued to conduct surveillance.

Miners are not related to frozen, they are same as smartphone operating system developer. government only focuses on model, report, and level of market transactions.
2114  Other / Off-topic / Re: [Poll] What's your Bitcoin Personality Archetype? on: February 28, 2017, 03:20:51 PM
I am a speculator, every day watching movement of market and make transactions as often as possible. Not working in a team, and I don't like holding coin in long term. Profit and loss is very challenging adrenaline. I often arbitrate to some exchange market. This is necessary because the price difference always look attractive, but it will be useless if we do some transaction in small quantities.
2115  Bitcoin / Bitcoin Discussion / Re: COOL NEW BITCOIN ATM MACHINES on: February 28, 2017, 02:18:58 PM
Check-out these cool new modern bitcoin ATM machines that was just installed in my neighborhood in Dallas, Texas.
http[Suspicious link removed]
Why link is removed sir?
Probably the forum detected that the link he gave is suspicious. Maybe op you can have some pictures of those cool new bitcoin atm machines.
Though it's already redundant that we are keep on saying "ATM Machines" that "M" already means machine. Well it doesn't matter at all, just give us the right link or post pictures.
Someone could pleeeaase add some imagetag surrounded urls of that thingy? Cannot checkout things I cannot see!
Thanks.
Ask OP mate, I don't have the capacity and have an intelligent guess on what these cool new bitcoin atm that OP is talking about. Me either, I don't have an idea with the link, only OP is the one that can enlighten us with this. Let's wait for him if he is still aware about what he posted.
It makes me excite when experiencing this type of thrill, LOL!

Bitcoin Atm in dallas has emerged since two years ago, is located in Buzzbrews Deep Ellum. But like atm Bitcoin in other countries, this is just a vending machine, which allows us to deposit bitcoin, but can't withdraw. At first they put Skyhook system, but has been replaced by bitXatm (sumoatm/remittance 2.0) who has a two-way system, we can "buy & sale" bitcoin for fee of 4-6%. In future will be phenomenal
2116  Economy / Economics / Re: Best way for steady income on: February 26, 2017, 06:09:58 PM
Hello All,

What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.

Steady income more likely to be 'small & secure' than 'big & risky'.

Thanks,
BR Oinas
Steady income without doing anything?
Well that sounds like you are looking for some HYIP,
And you should also know that all HYIP is just for a short term investment and it is a very risky way to earn.

He expects to earn passive income, and mostly refers to HYIP program. True if we need capital for investment, but choose HYIP carefully (long-term & large community). Search that offers a reasonable profit with a turnover of at least 4-6 months. Many businesses are more reasonable, like AdPacks revshare.

If you don't have capital, you need the skills to invite referrals, because referral typically give fraction of a percent for each of their deposits. Don't join ponzi program (tier referrals). HYIP players do a lot of promotion in beginning, but silent when they are successful, only to focus on personal referrals & creating limited group. So if you want steady income like this, too much reading references without action is useless.
2117  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: February 26, 2017, 02:35:06 PM
There is no safe place to invest bitcoin to earn interest income on it. Not as of now. Cloud mining websites are basically ponzi schemes but due to the low payout, they stay in the market little longer than conventional ponzi schemes.

With my few years of experience, I can say Trading is the only safe place to earn income on bitcoin. You need to start with little initially just to learn and once you get the hang of it, increase the initial amount and you will see how money is rolling in to your account. Also for your losses, you will be the only accountable person and no one else. Try to learn trading and I can guarantee that you will not look for other options.

I disagree. Trading is not safe at all. You might be doing great in trading but that's not the same thing to everyone. Actually, you might even be a part of the minority rather than the majority. It's pretty obvious that trading is overrated in this forum. Some only say that trading is the best thing to do just so they can say something on their post for their signature campaign.

Statistics proves you wrong. Here are some articles:
“95% of all traders fail” (Source)
“Only 5% of traders can make a living at it,” (Source)

You compare crypto trading with forex trading, it looks indeed have the same system, but have differences that will make you no longer equate it:

- In forex, we know term "long and short", both of which are equally able to provide potential profit. Bitcoin is more similar to "buy and sell" (sale price minus purchase price), bitcoin market has no margin call or pips.

- Forex is very sensitive to news happening in the world, such as wars, natural disasters, political, and economic. Bitcoin only move up and down in a country's economic news.

- Forex dependent on government policy (centralized and idealism), is not similar to bitcoin. Bitcoin movement is very fast because influence of independent.

- Nominal deposit in bitcoin is much lower than forex. This makes crypto trading widely used.

No business is safe and risky. It's natural that crypto trading very popular in this forum, because it can benefit quickly and a lot compared to faucet business. Crypto trade is considered most secure compared to gambling and betting, and even cloud mining. Analysis on trade also encouraged traders to be more concerned with existing coins because most traders consider bitcoin as an asset, not money.
2118  Bitcoin / Development & Technical Discussion / Re: Is developing your own Wallet safer? on: February 26, 2017, 12:43:57 PM
One of the most important and tricky parts of developing your own wallet would be the PRNG.  There have been a number of cases where the PRNG had problems and people lost bitcoins, so while developing your own wallet would no doubt be interesting, it is a minefield.

I choose not to create and develop my own wallet, because if there are problems that can't be repaired, then I would lose total existing bitcoin. Private/public key is enough for wallet security. But I'm optimistic wallet technology continues to evolve, I expect wallet has three different keys such as private key, transactions key, and backup key. This will provide a layered security levels, more robust than using 2FA features.
2119  Bitcoin / Bitcoin Discussion / Re: What Frustrates You Most When Using Bitcoin? on: February 26, 2017, 12:17:32 PM
It's annoying that i have to validate my account at exchange with photo of idcard  and other personal info. The other thing is the transaction time and fee. Even if i increase the fee, sometimes it still take a long time for confirmation. The confirmation time is not fixed, sometimes fast and the other time it took a long time  Cry

There are some countries that use verification id for bitcoin exchange market in that country, it's a requirement that must be done to keep company become legal. Government requires valid user data for transparency, and prevent possible problems that arise, including crime. It's good for you, if things happen that are not desirable, you can sue exchange market to court. About unconfirmed transactions is a problem that's still looking for solutions and development. Blockchain still continue to do maintenance to resolve this issue.

Bitcoins is being used in the dark market as their currency. Well it is not related to me but still i hate it a lot .

Not only in bitcoin, a similar thing was also experienced by Fiat, we must open our eyes that balance occurs because there is good and bad. Our choices for which side, that we need to support all-out.
2120  Bitcoin / Bitcoin Discussion / Re: Is CHINA CONTROLLING Bitcoin? on: February 25, 2017, 03:16:05 PM
Many of us here thinks that China is not controlling bitcoin for many different reasons , I think in myself that I agree that China isn't controlling it , It just happens that China has the Big number of miners and I think bitcoin can survive with out China.
50 percent of people here in forum are believing that china is controling the bitcoin price it just because of the reason of fake volume exchange that makes the bitcoin price boost into increasing price. China also had the most users who uses bitcoin and they starting to create good technology that can change the world with bitcoin.
the fact that the highest number of transactions was using chinese yuan. they have the biggest bitcoin minning in the world. they can control the price of bitcoin by influencing the supply.
if bitcoin in control by china I think there will be an adverse impact, bitcoin created it actually has a purpose no one of any country in the world as well as financial institutions can dominate or control the bitcoin
The Chinese are not controlling the bitcoin. The trade volume is just 30% of total volume now.

30% is a big number as a percentage of total shares, and that means China has a role to affect price significantly. No country has a bitcoin trading volume of more than 50%.

America has great influence to control European market, and China is driving bitcoin in Asia. This is just the price game. Fact that China market tend to have more volume for lowest price because mostly come from there. Even China government began to intervene, because bitcoin position is slowly changing demand for yuan.
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