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241  Bitcoin / Bitcoin Discussion / Re: Do you have 100+ BTC ? - How do you plan to cashout ? on: May 24, 2016, 07:58:25 AM
It wont be smart that you are going to sell it now first you have to make an investment in Bitcoin and if you have that much money you have to know that it will takes a long time.
So cashout will be not that fast and you can see that it has to first rise and than you can see later what you can do.
242  Economy / Gambling discussion / Re: Gambling and Bitcoin? on: May 23, 2016, 02:51:44 PM
As you can see you see that it will works together and that is nice but you need to know that the value is going to be higher soon but you are still not for sure for that.
But you dont know for sure what you can do with Bitcoin and that is the problem.
243  Economy / Speculation / Re: Can bitcoin rise up to 800$ this year ? on: May 23, 2016, 02:48:04 PM


With the current fluctuations its not possible to reach $800. As mentioned by above mate if price seems to rise over $600 on halving we can expect $800 by the year end with the gradual increase after halving.

As you mentioned "with the current fluctuations" as a factor why price won't reach $800 this year, what if the price is over $600 now and fluctuations move just the same on how the price is moving today? Will you considered it to be reached $800?

Make sense.
The chance is really low that it can reach that high value and that is because the stable was stable for a long time and that is bad because many people wants to make profit.
But nobody will know what will happen and that is the problem but you dont know what will happen for sure.
244  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: May 23, 2016, 02:44:12 PM
It would be perfect for you if you can invest in a house and that is because you can sell it even later with some nice profit and that would be perfect for you.
The only thing is that you need a lot of coins with Bitcoin if you want to buy a house.
for now not much people who sell house accept bitcoin as a payment so i think to reach this dream you can save a little by your earning from bitcoin to buy a house.

It will be a long time before he can reach the amount enough to purchase a house unless he is earning maybe a bitcoin per week. Then most probably, he can buy a house. I don't think you want to wait longer before you buy a house. The longer you wait, the more expensive it gets and harder to save for a house.
If you have that much Bitcoin than it will be really nice if you can invest in a house and that is nice because investment in a house is one of the best thing that you can do.
But it is really hard to know what you can do with Bitcoin sometimes because the value is always changing.
245  Bitcoin / Bitcoin Discussion / Re: bitcoin invest on: May 23, 2016, 02:40:11 PM
That is not the best thing to do but you can make later more money with it and that is the risk that you should take but of course you are not for sure to make profit.
But it can takes a long time until the value will be higher so you need patience for it also.
246  Economy / Trading Discussion / Re: I quit trading on: May 23, 2016, 02:37:11 PM
That will be not the best thing that you can do and that is because there are a lot of people that is now starting to trade because you cant earn money with selling.
So you can now earn a little bit money with trading and wait also for a price increase in the future.
247  Economy / Gambling discussion / Re: What are your gambling stats? (Profit/Loss) on: May 23, 2016, 02:34:05 PM
My problem is that I only remember winnings, about loses Im trying to forget fast  Grin
But like everyone else .. In long run, i think, i'm a bit on minus.
I think it is a good strategy to forger any existing losses in gambling. because if you continue remember the defeat would be bad for you dude. you know when you gamble and lose you will not be able to think clearly. you will take all the risks to recover your loss and it is very dangerous
My gambling stats are not that well and that is because you need to be really lucky to lose some money with it and that is not so hard to win some money with it.
But the hard thing of gambling is that you dont know sometimes what to do and that is the problem.
248  Economy / Speculation / Re: $250 here we come!!! on: May 23, 2016, 02:30:24 PM
I just hope that the price of bitcoin will not arrive at the $ 250 price again. I'm sure before bitcoin prices up at a price of $ 250, must be very many people who make bitcoin prices rise again

If the bitcoin price drops to $250 and stays there for more than a week, it means bitcoin is a failure.
That will not happen and that is because there are a lot of people that is waiting for a higher value.
But it is really hard to know what is going to happen and that is the problem.
249  Economy / Economics / Re: Why have Bitcoin instead of cash? on: May 23, 2016, 02:25:59 PM
Bitcoin will be the future money and you also can see that Bitcoin is becoming more acceptable and a higher value so that is really important.
But the bad thing is that nobody will know what will happen and that is the problem.
250  Bitcoin / Bitcoin Discussion / Re: Which Investment Type do you Prefer??? on: May 23, 2016, 02:21:19 PM
Making an investment in Bitcoin will be not that bad and that is because there are a lot of people that is going to have some Bitcoin so that is nice.
But the bad thing is that nobody will know what the value will be and that is the problem.
251  Economy / Gambling discussion / Re: When gambling makes you cry. on: May 23, 2016, 08:40:19 AM
I never cried with gambling but one day I was about to cry, I did a bet for only 0.1 BTC and turned it into 10 BTC in the 20 line slot machine, but I was too greedy and keep playing, I saw my 10 BTC become 0 slowly, I didn't know to stop, but at the end of the day I only lost 0.1 BTC.
Ow you made 10 btc i never experience it yet. but if i am in your place i will cash it out.. because 10 btc is huge amount of money if you withdraw and convert it into fiat..  and you are right you can cry only if you win a large amount with a small amount of capital to bet.. like on lottery they are crying because they won  to be a millionaire.. but if lose i dont see that they are crying and i think its nothing to them..

If I did withdrew the 10 BTC, I would not have cashed out to fiat... if I did that, I would find out that 10 years alter that 10 BTC could have been anything from 100k to 1 million dollars, now THAT would be something to cry over to.
Gambling is a high chance that you will cry and that is because there are a lot of people that is addicted and that is bad because you can lose a lot of money with it.
So if you are gambling you have to control yourself and that is the most important thing.
252  Economy / Speculation / Re: Bitcoin in 2020 on: May 23, 2016, 08:28:47 AM
They say the bitcoin will be 10.000 in the year of 2020 do you think so? I don't by the way how can he rise
that much in such a small period. If you look at the last years he didn't rises allot so don't be to happy about it.

it's not reasonable i think stable at $5000 is enough

Damn you know 2020 isnt that far away right lol.

So to think anything near 5k seems absurd, and that would mean its a easy $10k for someone hold 2 btc.
The bad thing of Bitcoin is that it would be really hard to know what is going to happen in the future with Bitcoin and that is the problem of the currency.
But you must also to take some risks with Bitcoin otherwise it will be not possible to make any profit.
253  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 23, 2016, 08:23:46 AM
Selling your Bitcoins will be now not the best thing that you can do indeed and that is because there are more people that is going to wait for a higher value.
But there must be a time that you have to sell it otherwise you cant make profit with it and that is bad.
254  Other / Off-topic / Re: When is it useful to borrow bitcoin? on: May 23, 2016, 08:14:44 AM
When is it useful to borrow bitcoin? Considering that it is really hard to get a loan here on this forum even with escrow, and the plentiful amount of scammers floating around here, is there really a great reason to even bother getting a loan here? I mean unless you're flat broke I could understand but even still it's an uphill battle. It's way easier to take out a cash advance in an emergency. I suppose if you're dealing with a trusted borrower and trustworthy escrow you may have a chance in obtaining your funds. Other than that, it can be difficult for a scam-less transaction to take place.

i don't think that it is ever useful to borrow bitcoin from someone as you will have to give money back anyway so you won't get anything , you will only lose your money

borrowing bitcoin is same as borrowing money in real life, and when you will borrow you will lose money so if you can live without that extra money you shouldn't borrow
It will be only useful when you are for sure that you can make money with its hard to know so you must take some risks if you want to make profit.
But borrowing will be not always that nice and that is because it is risky so there is a chance that you also can lose some some.
255  Economy / Gambling discussion / Re: Why is gambling so addicting? on: May 23, 2016, 08:10:08 AM
I guess gambling does have such properties, the same as other games. but gambling is probably the game that is challenging, so many people who returned to play even if it has been lost
one of the goals come to gamble is to suffer the loss.  Grin Grin Grin

I don't see gambling is challenging but it depends upon your interpretation with it. And I do believe also that gambling will just make you
suffer for betting your money to it. Only those gambling site owners will always win there.

yup the game is design in such a way that you are always in the disadvantage so you will likely to end up losing.

Yeah even gamblers already knew that they are keep on hoping that they will get some bucks on gambling or they are just looking for
the enjoyment that gambling could give to them.
Gambling is addicting because there are still a lot of people that is gambling because they think that they can earn a lot of money with it which that is actually not true.
Because it is not that easy to win some money with it because you need to be lucky with gambling and that happens not that often.
256  Economy / Speculation / Re: Will the price go up or down over the next year? on: May 23, 2016, 08:04:59 AM
I think personally that the value will be higher slowly and that is nice because there are many people that is waiting for higher value so they can sell it with a lot of profit.
And that is not possible now but that have to change soon we are waited a long time.
257  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: May 23, 2016, 08:00:26 AM
Investment in Bitcoin will be not that bad because you have to make an investment if the value is low and that is important because the chance is higher that you can earn profit later.
And the most important after that you have made an investment is that you have to sell it on the right moment.
258  Economy / Gambling discussion / Re: How much can you earn with gambling? on: May 18, 2016, 01:58:20 PM
Its profit not earns its very hard to earn in gambling cause its not a task, its a game. I only remember earning 0.02 then loss the next day i play.
Well, it is very difficult to calculate the victory every time we gain, mostly because after profit, we would be lost to the gambling game, it was quite frustrating

actually I think it is very important that you calculate your win and loss amounts and always keep them under observation and control.

because if you don't keep that in mind, that will get out of hand very easily and eventually it will lead to gambling losses that are too big.
Yeah you are right. also gamble in a right time and get out of it in a right time to avoid more losses.
I think it would be ussles you count the number of defeats and victories. then if the result is greater at a lose amount. then what will you do? recover your lose? it was possible that will increase your loss only dude
gamble suit your mood and not think of anything probably for the best Cheesy


Gamble with small bets on high odds, so even if you loose it won't make you disappointing, and if you luckily win someday then it will add some balance to your wallet.
But I think the thrill in gambling cannot be felt with that small at stake. We gamble because we want to be entertain while playing the games or watching any live games and we should stake an amount that would bring some intensity.
It is really hard to know what you are going to earn with gambling and that is because it depends also on which game and for how long you are playing so that is risky.
And you must know that the chance is higher that you can lose with gambling so that is bad.
259  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: May 18, 2016, 01:55:25 PM
The chance is not that high that you can be a millionaire with 100 Bitcoin in that time and that is because Bitcoin is a currency so it is really hard to predict what will happen.
But you need also some more Bitcoin for safe because it is now not even rising that fast.
260  Economy / Economics / Re: 2016 Has Brought a Bitcoin Awakening on: May 18, 2016, 01:50:12 PM
Bitcoin have not the best value in this year and as you can see that because the value is now already stable for a long time so it needs now a longer time to rise and that is bad.
But they have also to know that it can takes a long time until the value will be more because it is not rising that fast.
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