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2161  Economy / Economics / Re: Is it better to save money or invest it? on: December 28, 2015, 01:55:41 AM
It's best if you are able to do both. You can save and invest at the same time in bitcoin. Buying bitcoins is an investment and putting money into it could also be seen as a savings method.
I know some people who use this method. Don't invest if you can't afford to lose though, like some have said previously.

That is true. If you're not ready to lose your investment than one shouldn't invest in any products, not only in bitcoins. Since bitcoin prices are very volatile so if you're not ready for taking loses or if you're not ready to wait for prices go up again than you shouldn't investment in bitcoins. After reaching the bitcoin prices 1000+ than came down to 200 level but surely it will go back to 1000 level but no one knows how long it will take to reach that price again.
2162  Economy / Speculation / Re: Oops Price is 425$ Now... on: December 27, 2015, 12:23:59 AM
The price is getting down every minute now. Already at 418.
Will we break 400 before january, let's hope it will not.

It may even brake that 400 margin because people started booking profits. But if you're a long term player than no need to worry much because in 2016 the btc prices will be surely more than 600$. So you will get more than 20 to 30% profits in less than one year. So just hold on to it and it will soon stabilize around 400 or slightly less than that before take off. 
2163  Economy / Service Discussion / Re: Where to invest my BTC on: December 27, 2015, 12:16:46 AM
If you are asking for sites to invest in , I recommend you to stay away from these type of sites which is often ponzi schemes and scam .

He want to invest his BTC on reliable sites. Better don't invest in any ponzi schemes, where they offer very attractive interest but at the end you lose you investment itself.

In this forum there couple of good gambling sites are there, where they accept investment but it also comes with risks because if gambling house lose money than you also will lose you're money. So not 100% safe investment.

You can also lend you're btc with proper collateral, which gives you some interest but don't lend any one without collateral.
2164  Economy / Web Wallets / Re: Official Xapo Service Discussion on: December 26, 2015, 01:58:57 AM
Today I ordered the XAPO debitcard because of the 50% Christmas deal. Hope it will be a good experience.
I'm using it for months and it's OK for me. As long as you have enough bitcoins in your wallet you shouldn't face any problems Smiley
If you want to pay at merchants' POS you shouldn't say anything about bitcoin or similar, they will think that that's a normal fiat debit card in black color and you won't have any problem with it.

Just want to check on there fee. I know they will charge some fee for cash withdrawal and that part is OK but if we buy something online or we use card directly buying something in shops like other credit cards. Do they still charge some fee for these purchases also? In otherwords do they charge some fee for all kind of transactions?

So for I didn't use any of these cards so appreciate you're feedback. Thanks
2165  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 26, 2015, 01:53:33 AM
New Zealand vs Sri Lanka, 1st ODI

pls any tips for first inning score.


I think it will be under 240 ?

I think cricket predicting how much score one score is very difficult task so I never predict like that but I feel in this match NZ may win and they have more than 80% chance to win this match.

SL all top batsman scored less than double digit but only the current pair ( Siriwardana and Kulasekara ) scored more than 100 runs together so if this partnership continue than I can say SL will surely score more than 240 runs.

SL already lost all there wickets for just 188 runs, tt was a very bad performance from this SL team. SL was very bad situation when match was started because they lost there top orders 5 wickets just for 27 but later Siriwardana and Kulasekara put some decent runs, otherwise they mostly were all out for less than 100 runs.

In another match Australia lost there first wicket for 64 runs but I still feel Austral will surely win this test match also because WI is not so strong to face Australian bowlers.
2166  Economy / Economics / Re: What do you guess about he future of bitcoin? on: December 25, 2015, 12:22:43 AM
What I guess of the future is that bitcoin will just increase.
There will be a lot of company that adopt bitcoins and some banks too. Then some ATM can you cash out with bitcoin.

I'm not really sure how much the price of bitcoin will increase in future but in Singapore I saw in news channel this week that bitcoins price will be going up quite high in 2016. But they didn't mention who has told and why it will go up in 2016. It looks like some good news is around the corner for bitcoins so every one predicting prices of bitcoins will go up soon or later. It may be a still good time to accumulate some more bitcoins to take this opportunity to increase our profits over the time.
2167  Economy / Web Wallets / Re: Never trust an online wallet, for those who don't know on: December 25, 2015, 12:18:37 AM
This is why you shouldn't place every bitcoin you own in one wallet. Let alone an online wallet.
I'm a bit skeptical when it comes to online wallets, because they are in some good use in some cases. I hold the majority offline though.

Off course offline wallets are very safe but when it comes to quick transaction of small amounts then it sucks because it is not quick like a online wallet so what I do is I divide and keep my bitcoins in different wallets. I use both online and offline wallets. Online wallets also I have few off them so if one got some issue also I may not lose all my bitcoins. Online wallets are some thing like your keeping your money in your trusted member house so there is always higher risk of losing your coins.
2168  Economy / Web Wallets / Re: Blockchain transaction fee just got doubled on: December 25, 2015, 12:03:19 AM
Some days ago, I read on r/bitcoin subredit that the paid fees per block are increasing rapidly.
As the block size is limited and the transactions number is increasing too
So if you want you're transaction to be confirmed by the miners you have to pay.

Off-course miners also want to utilize these demand increase for bitcoins so pay more fee than your transaction confirms faster. But still some people are saying that transactions done with old fee without any delay in there transaction. I use XAPO for my daily transactions so I don't this is an issue for me because there no transaction fee in XAPO online wallet. I just keep less than 1BTC in XAPO account for my regular transaction and rest of them in other wallets.
2169  Bitcoin / Bitcoin Discussion / Re: You have so much bitcoins collected. what did you bought?..or wanna buy?... on: December 23, 2015, 08:41:02 AM
Buy more bitcoins... With the bitcoin that you already have.

Get it?

Of course its trading with bitcoins. Buy and sell on profit level. any other method? i'm not doing it if i'm loosing my coins away.  Roll Eyes Roll Eyes Roll Eyes

Yes, trading is a good option to increase your coins over the time but you shouldn't go for day trading because day trading is a very risky option and you may lose all your coins instead of growing so just buy coins when you think prices are less and hold on to it until prices to raise. Do you worry much on day today basis price movements. I also does this and so for I made a good profits out of it and still doing it.
2170  Economy / Economics / Re: Is it better to save money or invest it? on: December 23, 2015, 08:29:15 AM
It`s good to think before. Inflation can be problem in some countries, but not in all. Investment is good, but it`s better to keep money/bitcoins then to lost them. All depends about situation and options you have.

+1
I agre with your statement Smiley  better to keep money/bitcoins then to lost them.
invest 30% and save 70%
while inflation the price of the currency will fall. do you still think to keep save paper money. I would invest it in real estate there is no problem on there?

Real estate is a cool thing to invest but you need to do a proper research about the location and all because few of my friends invested in real estate market of Middle East initially it was like a boom but now it got slumped completely and if you want you can invest a little about into Bitcoin and check out the profit in a year and you will be amazed.

Real estate investment is a cycle, any thing go up will come down some % of it after some boom run. But it takes it won time to take U turn later on but no one can tell how long it takes for that U turn. I also think real estate investment is the best option for long term investments and it will mostly give a very good profits over other investments based on my knowledge.
2171  Economy / Economics / Re: Is the world economy dependent on the American economy? on: December 21, 2015, 12:03:32 PM
Is the world economy dependent on the American economy?

Yes. This really shouldn't be a question.

When a country has the world reserve currency, the rest of the world kind of really becomes dependent on that country. When the currency of choice is used to trade 90% of goods between countries, it becomes very important to see that country succeed.

As it stands, the world is incredibly dependent on the US economy, and it will not change until a country like China takes over the world currency position, which would throw the US into serious turmoil, e.g. Britain once the Pound was replaced as the world reserve currency.

The whole world is not totally depending on US economy but until now lot of new products are invented from USA so they will patent their new technology and who ever buys it must pay the fee for it so indirectly many countries are depended on USA. If slowly new inventions comes from other part of the world than there hold will slowly reduce and currently it is already happening. So or later no one will be depending on USA economy.
2172  Economy / Economics / Re: 1milion € from Btc? on: December 21, 2015, 11:56:57 AM
If you had a million euros worth of bitcoin in sure you would already know the answer to that question so I call bullshit.

In this thread. You're only guy posted correct answer for his question.

If he know how to accumulate so much of bitcoins than he should be knowing how to liquidate those coins as well. But still asking this kind question means, it is surely a bullshit topic.
2173  Bitcoin / Bitcoin Discussion / Re: Waiting for the day when Amazon & eBay accept BTC on: December 21, 2015, 11:52:42 AM
This will feel pretty damn good if/when this day happens. I feel ebay will accept bitcoin before paypal though for obvious reasons.

Why only Amazon and eBay, btc will be accepted by all e-commerce sites soon. The need is to wait and watch btc growing in a
tremendous manner . BTC has capability to be used as a standard currency in whole world soon.

I that is quite impossible to happen like what you said. The whole world will not be using only one standard currency bitcoin either soon or later. That is quite big optimistic.

The main draw back in bitcoin for using it as a standard currency is governments can't track the transactions and they can't put the taxes for these transaction so surely they will not allow to become a standard currency. But it may slowly grow bigger than current size for sure.
2174  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 20, 2015, 01:42:03 AM
Sri Lankan bowlers delivered amazing today but they lost control at some moment i think they got relaxed that is why New Zealand got recovered after huge disaster it was looking all team will crash under 200 runs as like they were losing wickets so quickly i still hope for New Zealand.

I think so New Zealand can make comeback if it succeed to deliver good bowling performance than it can otherwise i don't think it has chance.

Agreed with you, New zealand have to display some terrific bowling performance if they wants to comeback in this match. If not then they will loose it by big margin.

sri lanka has really come back very nice with bowling and now they have to show some good batting in 2nd innings then they are back in game , they have to take lead more than 300+ runs then i think newzealand will be in panic and that time sri lanka can bowl well and take wickets like in 1st innings.

Sri Lanka now leading by 140 runs with still 7 wickets remaining. They should play slowly and build a couple of very good partnerships and reach score around 400+ than surely than can win this match. As of now they are doing good job but shouldn't lose any wicket for another 100+ runs. Any one put bet of odds when it was quite high?

Very bad performance from SL in second innings batting. They all out for just 133 runs in second innings and now leading only 188 runs over all. They really missed that chance of capitalizing the first innings lead and now it looks like very easy win for NZ. They just need 188 runs to win this match with all 10 wickets.

SL 71 for 0 at one point and all looking good for a big lead before some short bowling and unnecessary shots cost them most of the wickets. The short balls did it again, just like yesterday and I think it was only karunaratne and jayasundera who got really good deliveries to lose their wickets. It was a golden chance to square the series and they have squandered it for sure. Now NZ may finish this match very soon

This match looks now quite interesting stage. Now SL already picked up the first wicket for just 11 runs. New Zealand still need another 178 runs with 9 wickets to score this total. I strongly believe if SL picks up another 2 or 3 quick wickets than SL still can try to win this match. Now odds on SL is around 6.4 in directbet site. But on NZ only 1.1 so according to directbet site mostly NZ will win this match.

Edit - NZ just last second wicket too for same 11 runs and now odds on SL reduced to 3.6 already and NZ 1.26. I think SL may do some magic in this match.

2175  Economy / Web Wallets / Re: epay.info scam on: December 19, 2015, 01:02:49 AM
forget about faucets. just join a signature campaign, you'll earn more for 3 posts than you earn for using a faucet for a full month. total waste of time and nerves

Yes, that's true. These faucet sites pay very less for the time spent on there site but still new people who is entering into bitcoin will first try with faucet sites. After checking this epay site, it looks they are paying very less compared to other good sites. There are quite a few well reputed sites who pay much better rates than this epay to try.
2176  Economy / Economics / Re: When do you buy Bitcoin ? on: December 19, 2015, 12:54:59 AM
i have afew bitcoin but i want to buy more ,
i think now it is not good time because of it has high price and i want to wait till 2016 and when come to true time for to buy bitcoin i will buy more

If you want to be in trading business or want to get a best average price of your bitcoin don't look at price instead just buy regularly in small quantity so you will get best average price. Because no one will give a guaranty that bitcoins prices either moving up or down. If you don't buy now and if bitcoin prices never go low prices than you may need to wait for forever and later you may again regret of missing this chance of buying at low prices.
2177  Economy / Economics / Re: How to save money. on: December 17, 2015, 06:43:02 AM
I think the biggest problem is that you're tempted to go and get that money/BTC out of your bank/wallet to buy something or do something that you know you shouldn't be buying/doing.

If you can overcome that temptation you are definitely going to be a successful saver and perhaps even businessman.

Very true. The one thing that most people lack is self discipline. If you can get this, you will save tons of money.

Yes, discipline is very important to save money constantly. One should try to save at least 30 to 35% every month for their reattainment from early age than they can manage there reattainment life easily otherwise difficult. Also one should start saving as soon as possible otherwise may need to save more % later on.
2178  Economy / Web Wallets / Re: Never trust an online wallet, for those who don't know on: December 16, 2015, 09:12:52 AM
it is always better for you to hold your coins and have complete control over them, so you need to avoid Webwallets. In the event of having to use one pick up the most trusted like tblockchain.info, and don't hold many coins there.

Yes, it is good to have our own system to control our money but most of the people now coming to bitcoins may not be having so much technical knowledge on how to use off line wallets and in case of some issues may not be able recover their coins so they prefer to use online wallets. Any online wallet may not be 100% secured but for small amounts should be fine until one familiar with off line wallets.
2179  Economy / Web Wallets / Re: Official Xapo Service Discussion on: December 15, 2015, 01:40:42 AM
Is xapo require private info before we can open wallet, same as coinbase.?

Yes, they will ask you to provide your phone number for account opening but they won't ask you any ID proof just to maintain you wallet. If you want to use there pre paid card than you need to provide your ID proof to get this card and if I'm not wrong every pre-paid card issuer will ask for ID proof. I use there wallet but not using pre-paid card, so for quite good.
2180  Economy / Micro Earnings / Re: Question about freebitco.in.. on: December 15, 2015, 01:37:33 AM
Adsense need some content and description about the service and freebitco.in have them. And also you may noticed they have added new design which ask full detail of you when you register. I think this are the changes they have made to use adsense.

Google not only content but they also look for the traffic quality but some how they are allowing this site. If you receive a direct traffic to your site should be fine but if you receive lot of traffic from referral and on the landing page if you have adsense advertisement than they will ban your site but if you don't have a advertisements on landing page than most likely they won't ban you and also you should fallow correctly adsense TOS for placing ads. Do you put your claim button very close the advertisements.
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