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2421  Economy / Economics / Re: simple way to understand bitcoin on: December 11, 2015, 01:17:51 PM
in fact there is one thing that can make us understand about bitcoin easily, that is by playing trading, then you will find out all kinds of coins and what bitcoin advantage of all altcoin
Thats right. a trader can better know the ins and outs of bitcoin, such as coins specification, of course they are a great analyst,

Trading the bitcoin or alt coins may make you richer but never will give you the knowledge on bitcoin ecosystem. To understand bitcoin better, we need to use this forum more effectively. I believe this forum is more than enough for understanding bitcoin and it's all environments.
2422  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: December 11, 2015, 11:55:42 AM
now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies


$1000 must be a suicidal target and definitely will make you regret for your actions unless you leave some more bitcoins for future use.
When people will in race to buy bitcoin, only very few will be selling their bitcoins without realizing the true worth of bitcoins. Do not join to those very few people.

Bitcoin's growth would be in exponential pattern. Once price hit $1000, there are big chances for hitting $2000/$5000/$10,000 levels in quick period. By the higher value of bitcoin, more business will adopt bitcoin then you can simply lead a life by spending bitcoins to merchants. So, never needed to sell is the future of bitcoin.
2423  Economy / Economics / Re: When do you buy Bitcoin ? on: December 11, 2015, 11:15:00 AM
I'm a trader. I buy bitcoin when the price going down or sometimes, as prices continue to rise I would buy. I hope I have not left behind the train

Even I'm not an active trader of bitcoin, I just follow the same pattern of your buying style. First i gather some money for buying bitcoins, then I wait for right time of lower value of bitcoin comparatively. I do save all my bitcoins for price appreciations.

Unlike you, I never wait for a better price. I do buy some bitcoin from my regular salary every month. It's a kind of plan along with my salary budget just like investment. I am having average buying price which is lesser than $300. I'm happy with my plans of buying bitcoins regularly.
2424  Economy / Gambling discussion / Re: How greedy you are ? on: December 11, 2015, 08:28:38 AM
I am much greedy about money.Well being greedy is the nature of human being.Everyone wants more and more from life.

I too need to confess that I am so greedy when I am seeing some profit in my gambling situation. That is the reason most of my gambling are ending up in losses in almost all times I go gambling.
Rarely I may find myself with profits due to some luck factors.

Actually if you have a good selfcontrol you will not having this kind of problem. Most people are keep on losing because they dont even care about their winning but they keep on want to recover their lose. Actually if they think today I got profit and keep on doing this sooner or later it will be recovered but all they think is about recovering it in one night and that is not possible except you hit some good jackpot there which is hard to make
Either for multiplying their winning profits or for recovering previous losses, people are keeping on gambling which result in loosing self control usually. This may be because of getting practice to touch mental tensions and being aggressive while gambling.
2425  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 11, 2015, 04:41:39 AM
At this moment there is odd for Australia but in coming days we will have chance to place on any team.Whereas in SL vs NZ match is not clear as well so better to wait for good and profitable odds for these matches.
I will say both test matches seem to end on draw although it is too early to draw any conclusion.I wanted to place on Australia but when I saw odd @1.06 I changed mind.No need to take risk on this rate.

I don't think so. NZ match I think will surely get a result because SL may not be so good in playing fast tracks. Anyway we will come to know tomorrow how they will play in first innings. Directbet odds also suggesting NZ will win this match.

Australia and WI match don't know yet because WI also good in playing fast tracks but current WI form is not so good hence I think Australia may win this match.

SL is already lost thier top four batsman for just 156 runs and Sri Lanka trailing by 275 runs with 6 wickets remaining in this first innings. By looking at their so for performance, I don't think they can reach NZ total so mostly this test will surely result will come and NZ may win this test match.

West Indies still need lot for runs to reach Australia first innings score. Currently they are trailing by 521 runs with 8 wickets remaining in the 1st innings.

Sri Lanka's Dinesh Chandimal may be a star for them today. He won a test match against India as a single man performance with a rapid batting style. May be same type of batting style will give him another chances to level the scores here. But New Zealand are known for home advantages always.
2426  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: December 11, 2015, 04:28:39 AM
It's the best way I can receive money that is from another country, to avoid ridicously high taxes and bank fees.
yeah its simple, compared with others, such as banks or WU, if you send money abroad, the cost of the fee is quite expensive,
in contrast to bitcoin, no fee Cheesy

Yes international money transfer are made easy and more convenient with bitcoin. I have been into online earning since 2010 and paid more than $1500 in transaction, withdrawal and in money conversion charges. With bitcoin it would be just $200 fees only. This may be one simple example why I should have used bitcoin.
2427  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: December 10, 2015, 06:59:09 PM
Yes it is! If you've bought your Bitcoin when they were around $200 to $225 (about two months ago) you would have doubled your investment by now! What more do you need to prove that  is is a good investment?

Yes, a simple and real time example. Still many people are convinced to hold for long term to get some big profits out of bitcoin.
Many of my friends are waiting to sell around $1000 as they have bought it in the down market price of $800+, I believe no one can stop them from regretting later on.
2428  Bitcoin / Bitcoin Discussion / Re: Why do people use so many Bitcoin wallets? on: December 10, 2015, 05:59:26 PM
Frankly I do not use any wallets right now. I have created my bitcoin addresses using bitcoin-qt, due to large bandwidth requirement I was unable to synchronize it to make it ready for transacting.
Later I get practiced using block-explorers to check my balances. I never needed to spend any of my coins, so still I do not need any wallet. 

It's too funny, some people are using almost all the available bitcoin wallets and some people are not at all using a single one.
Out of curiosity I'm asking, how you will come to know how much total bitcoins you are having in multiple addresses.
I use more than four type of wallets for different purposes.
2429  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin 'real money' to you? on: December 10, 2015, 02:33:37 PM
Yes, but i currently use it mainly as an investment of some sort.

Yes. Bitcoin is currently in investment phase. So using bitcoin as normal real money is not possible for many people who are believing in bitcoin's future.
But it doesn't mean if you're spending bitcoin as a regular money that you are not believing in bitcoin.

It would be hard for many people to save all the money they are getting in bitcoin. To fulfill the daily needs of life, we will be forced to spend some of our bitcoins. So spending bitcoin as a regular money would be in some percentage and the rest in saving for future as we believe in bitcoin's future.
2430  Other / Off-topic / Re: Do girls use Bitcoin ? on: December 10, 2015, 01:17:30 PM
Ofcours there are girls who use Bitcoin.
Not that it really matters, but I am female and do use Bitcoin.

You may be one who loves to take risk.
Most of the girls to whom I have talked about bitcoin ecosystem and it's benefits, they simply not interested in buying any bitcoins rather they started using faucets and some of them joined this forum for more knowledge.
But 7 out 10 boys, convinced by my words and invested in bitcoin buying.

There is no wonder in your failure with female aspirants of bitcoins. In my experience usually women are more cautious on new investments and they are more successful in financial planning than men. Do not waste your time by taking bitcoin to a women.

Yes usually girls are very much stubborn on taking new technical things and more negligible with respect to money matters. These stubborn and negligible are just due to prevent any unnecessary losses on taking new things which are seemed risky. I find no wrong in their behaviors.
2431  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 10, 2015, 04:50:34 AM
There are 2 test matches starting from today.
Sri Lanka vs New Zealands : The hosts batting first. With Guptill's century they are eyeing for 400+ runs on day one. It would be more touch game one for Sri Lanka.

West Indies vs Australia : Hosts batting first here too. Even Warner failed to score century rapidly, Vogues is doing that job right now. 400 runs here to possible. West Indies's woeful running may continue here too.
2432  Economy / Speculation / Re: With the recent price jump, is now a bad time to buy? on: December 09, 2015, 11:46:51 AM
Bitcoin is an investment and like gold and property prices rise and fall, the bitcoin prices also fluctuate and when people are OK to take a risk, I don't find it wrong to advise a person to invest in bitcoins. The price of BTC was $1300 and now it's $420-$430 which is still low and hence it is the right time to buy coins and save it.
I would agree with you and as you said Investing in a bitcoin will not waste at current situation and ever. From few weeks onwards Price is moving high day by day consistently. So No need to worry in investing fiat into BTC. I am sure he can invest in bitcoin

Yes, it is not too late to buy bitcoins. Because you may miss the current prices of $410 levels when bitcoin testing the $500 levels by end of this month. Like many people here I too believe bitcoin will hit $1200 levels. So, buying now must be a wise idea.

Buying bitcoin would be always a great thing, and never let you to face loses if you will be ready to wait for some time.
Yes, each and every investors of bitcoin will be into profit side once bitcoin prices crossing $1200 levels.
2433  Economy / Gambling discussion / Re: How greedy you are ? on: December 09, 2015, 05:37:57 AM
Many people are greed as much as giving. To make it even more confusing I do believe greed is good. What we need is more greedy people.

Greed for love, greed for honesty and greed humanity.

yeah with so much greed people will ruin other people lives.
greed is ok, thats true but having so much greed will ruin you.

Yes most of the people are getting losses out of their greed. Usually people are is getting profit when they were gambling for the bet amount of small amounts. Out of greed when they increase the betting amount into multi-fold, and usually they do loose all their profits in just one round or in one day.
2434  Economy / Speculation / Re: Unable to break $400 on: December 09, 2015, 05:12:17 AM
Yep, it looks like $400 is here to stay now this time for sure.

Next stop is $500 but it will take more than a few days to get there.

Yep... $500 should be easily reached, seeing how strong the market is to get us above $400.

I do hope that the value can sustain at the $500 mark, and in my opinion the stability of a currency is far more important than the value itself... But of course $500 would be great to have Tongue

Yes, the next target we can aim would be $500. Market looked very strong around $390 levels and today it broke $400 mark to go forward. Hopefully within this week end we can expect the testing of $500 levels.
2435  Other / Off-topic / Re: Bitcoin and Porn on: December 08, 2015, 07:19:04 PM
Lol, why would anyone pay for porn these days when it can be so easily pirated?
As a young man, that's also my question. I still don't get why people pay for porn which can be easily searched and watched for free. Probably those people who buy porn were old men who know little about the internet Cheesy

Anyways bitcoin and porn will be a great combination for some people, but I won't still buy a porn even with bitcoin.

I also will not be ready to spend my bitcoin and that too for porn?, no chances at all.
Still many people are getting moving along with bitcoin's current price and they are giving more important for living today kind of concepts and enjoying by spending their bitcoin in porn sites too.

Nothing wrong in spending some bitcoins for now in my perspective too.
We earn for our life. Saving for life long would be meaningless. There would be some time will come for spending, I too believe that timing is today. So, spending for porn is not a sin.
2436  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: December 08, 2015, 02:54:02 PM
don't gamble it. That will be the best option.

DOnt gamble is not an option for safe thing. People who gamble ask for this kind of stuff yet someone recommend them not to gamble. It is kinda worst advice so far, the best safe option is to gamble by investing at the house

Yes staying away from gambling is not an option for gamblers for safe gambling. Even after gamblers realizing themselves unable to control not to gamble, they are searching for safe way of gambling. Staying away from gambling may lead to any mental pressure related problems.

You are right. Staying away is not the option for gamblers which may lead to many mental problems that is the reason gamblers are looking for safe way of gambling methods.
I believe trial accounts kind of things will give you the real pleasure of gambling but costs nothing to you.
2437  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: December 08, 2015, 02:23:19 PM
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

Are there any rules to win online casino? Even you have enough discipline, you still need a lot of luck to win.

Yes only the Luck is needed to win in gambling. Because I have seen many people who are very good in gambling professional skills and they are strictly following it too. Still they are unable to find themselves with profits. Even they could make profit for one day, most of the days they are facing losses.
2438  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: December 08, 2015, 07:21:15 AM
I would say the best method to grow your Bitcoin would be using your BTC to start a gambling site, since 50% of Bitcoins economy is gambling...it would definitely profit you.

But you also need a large amount of btc's to be invested as no player will play in a gambling site if the site has less bankroll.

You also need a team here includes coders, developers, support team etc. which are also part of your financial expenses regularly together with promoting, advertising, hostname etc.

There's a hidden expenses to so watch out.

Yes maintaining a gambling site is not that much easier and cheaper. Once he got everything set up and running live, you need to start a new thing, called advertising of your new gambling site. Many people are doing this by signature campaign which would cost them around 2 bitcoins every week.

But I believe starting and running a gambling site would be a better way to grow our bitcoin with respect to this current trend. Many people are regularly doing gambling just for fun as part of their lifestyle. So gambling house would be the better way for making more bitcoin from our bitcoin investments.
2439  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: December 07, 2015, 06:19:56 PM
The safest way to gambling is just have control, be prepared, don't spned the money that you can't afford to lose and don't be mad if you lose.
When you feel that you are losing I suggest you to stop playing.

That's hard for some people, because they believe there's always a chance they can win the next round and/or maybe the next. Some people have very little self control over certain things like these.

I'm not the one among your mentioned some people. I had blind belief of earning huge profits from gambling but ended up in life threatening losses. Even after every loss, I found mistakes in my predictions and not in gambling. I kept on correcting my predictions and I guess my life time is not enough for that.

Very sad. You have pointed out how the people are keeping their mind set to deposit funds into gambling even after many losses. This may be called addictions or blindness. I have seen these kind of pathetic stories in Forex people but this is first time I hear on gambling sections.

Yes addictions is equivalent to blindness. No doubt.
To recover the losses incurred in gambling, people again choose gambling. This is the main problem causing factor. If we avoid such a situations then we can gamble safe. This may be one of the safe way of gambling.

Safe way of gambling must be not staying in gambling even after loses or profits.
Recovering losses is some people are trying but many people are trying to copy the same way of wining with ten fold of bet amount. Both are must be avoided to safe guard our bitcoins.
2440  Economy / Gambling discussion / Re: How much can you earn with gambling? on: December 07, 2015, 05:25:06 PM
If you have a good strategy you can win a lot. You just need to control yourself when facing a big loss.

I'm not sure if there are really good strategies to be honest.Dou you have any specific examples?
I think this also depends from what kind of gamble you're doing.
For instance sport bets can be some kind of predictable, but also it can end up with complete unexpected results.
I'm of the opinion the biggest part of it all is just luck. Sometimes you have a winning streak and you can finish the day as a lucky man. And on another day the luck isn't on your side.
As long as you have fun, know your limits and show discipline there is nothing to worry about.

Even some type of gambling allow users to predict and play like sport betting, there is no way for consistent winning in each and every time. Uncertainty is the best entertainment we can enjoy from gambling. Uncertainty means some time profits or losses or doubling your investment or complete wipe out like that.
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