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2521  Economy / Economics / Re: Government & Bitcoin on: October 31, 2017, 09:19:30 AM
If we call crypto coins "crypto anarchy" then goverments hate us.
but if we stay as crypto community there is no problem.
I agree with you mate, impressions quite influential. Bitcoin in the past was dominated by sin enterprises. But now,  bitcoin is dominated by legitimate merchants and exchanges. I think bitcoin image has become good,  so many government are no longer hates bitcoin.
Absolutely, impressions are quite helpful in making trust to your users. In past, like you said, there was an impression that bitcoin is only used in deep web and all the criminal activities were considered to be dealt in bitcoins, thus people were not getting into it for their own safety. But now, as the impression is going virtue, people are coming into it and joining this world.

Yes that is true, and there is no way bitcoin can drop here because as long as there is still dark activity underground bitcoin will stay alive right away. And government could not have the chance to take control of this. But I just wondering, if you remembered past few years ago that cyber cops busted some criminal and confisicated their coin. How is that possible?
2522  Economy / Speculation / Re: Report: Bitcoin to $25,000 by 2022 on: October 31, 2017, 05:09:56 AM
This prediction may seem to be optimistic,but if we analyze the previous rise in bitcoin price from just $650 to $5,700 now,it also seems realistic figure to be achieved by 2022.Five years more and each year,if bitcoin price just doubles,then even $25,000 price could be achieved,

What would make it a little bit difficult is that frequent hard forks which would be occur in future.But One thing is for sure that bitcoin is going to change fortunes of many people through out the world.

Yes, this prediction is somehow true but we can't really predict the future for this outcome. How can it be possible that bitcoin, that no one can control can achieve that huge limit? If we think hard, it can't be possible to happen but the reality is there. So yes, I will believe on bitcoin that the prediction is coming true
2523  Economy / Economics / Re: If the powerful governments wanted to, do you think they could stop Bitcoin? on: October 30, 2017, 11:34:42 PM
This is something which I've beleived for awhile, which is the prospect that if big governments and banks worked heavily together they'd be able to remove Bitcoin from the face of the earth. They wouldn't ban it, as that would be a tough thing to swallow for the American people as they wouldn't see a good reason to do that ( at least in my mind here) But they could just go ahead and regulate Bitcoin into oblivion, making it hard for Bitcoin businesses (buying and selling, trading, etc) to operate within their countries, or be subject to insane taxes, KYC AML and such.

Do you think Governments could kill Bitcoin?
At this stage, it is very difficult for them to do. They could have tried to stop it when it was still very new and when they had the chance to buy all the coins but pretty much they would be at loss eventually.

I am sure worldwide, most governments never expected bitcoin to grow to this stage it is today and they are even more confused at what to do, knowing they do not have the control to stop it and they just have to find a way to accept it and control the activities in a way.

If you think they can't stop it then you are wrong. First thing, they have so many good resources which can help them to close it down forever or even banned it from their country so it is possible for them to stop this. Second thing if they banned it then the population will stop growing and if only all government work together, I believe it will happen to close down the mass adoption and close everything. So my answer is still possible but not a 100% chance
2524  Economy / Economics / Re: How to make money only with BTC on: October 30, 2017, 01:18:09 PM
How to make money only with bitcoin is very difficult, you must have the skills if you want to do it. But you can try to earn tokens from bounty campaigns in this forum, that way you can earn money from bitcoin but it takes a long time. You can start investing if you have a lot of money.

Actually it is not that difficult since every coin right now is really worth because of higher price, any lower amount will sound good for me. But we can slowly get it somehow from trading or may be other investment and of course not from gambling unless you got enough bankroll to start it. If you depends on what we said luck, better try not to do it because it is hard to exist
2525  Economy / Economics / Re: BITCOIN misconceptions on: October 30, 2017, 11:04:14 AM
I came across several threads on the forums about bitcoin as their source of income, people leaving their day jobs just to focus on campaigns here in the forum.

Why most of the people in the forum sees bitcoin as currency that you need to spend everyday? On my opinion at this point of time for bitcoin it is better to consider it as an asset, an investment that if you keep it there is a big chance that your investment will grow. Think of its future potential, at this time each coin cost $5600+ when maybe about 100 million people who is using it. imagine what will the price be if 1 billion people uses it in the future how much will the price be? And this also applies to alt coins. As much as possible keep you coins and wait for the price to boom.

I need to point us to the fact that bitcoin apart from being used as asset,  we can use it as a source of generating income to either dive into another businesses. Things are difficult to come by these days and so,  if we have a source like bitcoin, we can use the income or earnings from signature campaigns to either invest in altcoins or trade to see if we can be lucky to have more of the fractions.

Yes, that is true we can use our job right here to get more income that can support our daily lives. May be in the past few years ago bitcoin price is still affordable for many of us here. But recently, about the huge price there is so many downstream, people seldom bought coin again from the investment and there is also seldom gambler that want to spend their coin again  randomly on any gambling site. All of these things is because of the recent bitcoin price, this is what I believe
2526  Economy / Economics / Re: Electronic Money vs. Physical Money on: October 30, 2017, 04:58:44 AM
These are some points that make bitcoin and fiat different:

1. Fiat is non volatile, if you kept it for a long time, the value won't change while bitcoin is changing its price from time to time.

2. If you invest in electronic money or bitcoin especifically there are bigger changes that it will profit and double you investment in a short period ublike fiat.

3. Fiat is very accessible, you can use it anywhere and anytime. There's no need to use internet.

4. Both are important and both are valuable. It's better to have them both.  Grin
People are repeatdly saying that the emergence of bitcoin and other cryptocurrency will mark the end of fiat money but in my opinion, these two methods of payment are going to be there concurrently for a very long time because in the end when a person cashes their bitcoin, they will receive cash,

It depends on you whether you want to cash your bitcoin into fiat or stay with bitcoin itself and get your fiat from other places, like from your daily job. But I can say that fiat and electric money can never be seperated from because when bitcoin can't be change to fiat, it will be meaningless to have coin that has no value on it. Mean while when you have fiat and want to start buying coin,it has no value too. So I think to get both money is pretty good right now and most of them make bitcoin as their extra income
2527  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: October 30, 2017, 12:16:26 AM
Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
With this high market value of 6000$ and still getting more expensive, I think it is quite impossible. Backdrops are still expected but it won't be as big to the point that Bitcoin will lose its value. One good example is what happened recently with China. It resulted to major cryptomarket to fall but Bitcoin is able to recover from it. So if there'll be a huge downfall, Bitcoin will surely make its way up again, for sure.
It happened couple of times in the past when we experienced the market price of bitcoin going down significantly but even then bitcoin managed to rise again in a beautiful way. The way bitcoin is making progress and that on daily basis, I don’t think so that bitcoin is going to lose its value. In fact, bitcoin is gaining more good reputation with each passing day and it is helping more people to earn money.

But we can't guarantee that. It is not us that control the market price but it is huge holder. I believe when huge holder are boring with bitcoin they will start to sell every coin that they have and bitcoin will loae its value. And I do not know when it will start to rise again, we can't really predict the outcome yet right now. We just can stay positive that bitcoin will keep on rising
2528  Economy / Economics / Re: Gold Is Yesterday, Here Comes Bitcoin As A Reserve Currency on: October 29, 2017, 03:54:31 PM
I agree with OP and I also follow the bitcoin to make life more profitbale with bitcoin only and also I am making successful earnings with the bitcoin and also I know there is no chance to have another cryptocurrency as an bitcoin to be a main thing in this field , but still here it is a bitter truth that gold and fiat like system are part of our life and we can't ignore such things in comparison of bitcoin Because gold and fiat are having much importance in our life like the bitcoin have in our life.
Currently we can say that fiat are uses by us to make the small shops payment ( who don't want to know bitcoin anymore ) second thing gold have values ( regardless of the factor of increase and decrease in the price ) are using by the people to make jewelry.

Somehow, we can't seperate fiat to bitcoin since most of us always take some profit into our own currency, I do not think if we can take bitcoin without any value in it. But to compare it with gold, I believe bitcoin have much more better future to get some profit with but in case we have more money we should have some gold too
2529  Economy / Economics / Re: Bitcoin to be Taxed...... on: October 29, 2017, 02:53:16 PM
if government is to accept bitcoin as currency, then surely they would issue tax since some of the government funds comes from currency then people have and if people will change their currency to bitcoin, then bitcoin would be taxed.

Nope, there is no way bitcoin are going to be taxed because there is a limit with the coin. Compare to the fiat, they can keep making it which is if there is more fiat then you will lose your money value and that will make your country economy clash mean while bitcoin, government can't produce it and everyone is holding their own coin so how can they control and making taxed with it? It does not really added up
2530  Economy / Economics / Re: Bitcoin prices rise high on: October 29, 2017, 02:02:11 PM
Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

I think yes number of people will really affect the rise of bitcoin price. Imagine that if the price of bitcoin will continually increase a lot of people will be attracted. So the higher the price the more investors invest.

Yes, may be some of them will attracted to bitcoin and try to get some profit from it but there is people that want to try it too but because of the price is too high some of them do not want to risk some of their money right here, instead of taking some risk, they will try to put in bank and get some interest on it
2531  Economy / Economics / Re: Is it better to save money or invest it? on: October 29, 2017, 11:41:49 AM
I will do both. We know, bitcoin have high risk. If you do saving money in the bank, you have low risk and for a long term. If all of your money invest to bitcoin, you dont have a backup for your financial. Bitcoin is fluctuative digital asset.I suggest you to save money in the bank, like 50%, and then invest your money into bitcoin, like 20-30%, and 20-30% for daily needs and etc.
There is one saying in the business, “If you are taking step into business, you have to digest three things, profit, loss and risk”. So you can’t make your business successful until you are not a good player of risk. As far as bitcoins are concerned, actually investing is more profitable top you. Saving will give you only fixed ratio while investing major part in bitcoin can make your life great.



For investing you will need some bankroll to earn more profit and you need to take some risk by getting 10x kelly to get really good profit in a long term. But mostly, nowadays people do not have really good bankroll to invest, so I would say save money will be the best option and may be do some trading will give you a great opportunity to get even bigger amount
2532  Economy / Economics / Re: Easiest way to make BTC? on: October 28, 2017, 04:34:20 PM
Yeah, what's the easiest way to make the most BTC? I remember a pal how he made some currency to 1 BTC in an evening, something with Amazon. But I guess such things are gone.

Daytrading right now but I am not that good at it. Bots? Do I have to make my own?
The easiest way is faucet, since it is said to give Bitcoin for free. But the most efficient for me is through campaigns. Bounty campaigns for huge profit and weekly campaigns to directly earn Bitcoin. Weekly campaigns are using Bitcoin for payouts depending on your forum rank. You only need to be qualify in order to join and must accomplish the task to be eligible with the reward.

Yea, I think that is the most easiest way to get money but do you think it is worth to do, the payment is not worth compare to the time that you spend. If you have so many free time may be you can do it but with the electricity cost, I do not think that is reall effective way to earn some coin. The easiest way is just to do some trading and selling items or may be doing some job here. Thay is more worth that claiming some faucet around
2533  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: October 28, 2017, 02:32:50 PM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?

From my point of view I think it will popular even with stable price but I think it may decrease on due time because the most affected users where on the line of trading. Since trading users maximize their profit on the price fluctuations of bitcoins, it may bring them a great problem if the price would become stable and it would affect greatly their ROI.

But it will be a huge adoption you got there, and of course traders will slowly get their gains here but they still can. And it will become just usual trading market without great fluctuation. When people start to adopt it then it is the time to get your increasing profit here. But when there is still no adoption, then its price will just stay the same
2534  Economy / Economics / Re: Can Bitcoin End World Poverty? on: October 28, 2017, 12:25:31 PM
I think yes BTC is changing people lifestyle and it brought many changes in the mind of the people. Bitcoin will end world poverty like when the people are free and you just educate them for this currencies they will start working for bit and with the passage of time people will improve their standard by using bitcoin.

So are you thinking by educating them, so they can make some living using bitcoin? From where do they get they bankroll to play? Are you suggesting to spend some of your coin for them and get some return for it? So how about if they lose? I believe there is no way to end it poverty by bitcoin. And how do they earn bitcoin without bankroll? Faucet? How long will it take, this is take really much times just to earn some coin
2535  Economy / Economics / Re: Spending Bitcoins on: October 28, 2017, 05:42:15 AM
I think spending bitcoin is not a good idea.  As the value of bitcoins now fluctuates so there are chances that it may go further.  Bitcoin prices are now $6000 there are chances that this price will go on increasing.  So spending bitcoin is not a good idea.  If you in urgency I will suggest to sell some portion rather than to sell the whole.  Bitcoin is in whole and fraction both.  So I will suggest to sell a small fraction and keep the rest for future. Cryptocurreny is already new and is turning everyday, nothing is predictable in case of bitcoin.

Spending all of your coin is not something wise to do, due to the current state of price, it is like really promising future that you can get. But how about if you combine it with some trading, I believe the value of the coin will still there in case you sell or used some of your coin. Most people sell every coin they have but they do not withdraw everything, only some part of it. I think this will do since there is always smooth when withdraw on own exchanger
2536  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: October 28, 2017, 03:19:55 AM
No,bitcoin is still unknown to majority of people world wide.Most countries have not yet legalized it.Some countries even try to ban it.Most retailers don't accept it due to its high volatile nature.Also,people in under developed countries where internet is not widely available don't get access to bitcoin.

So,by 2022,bitcoin users may even triple or more,but it would not be used by every one and it would take a very long time to happen.

Are you mistaking it here? Becauae what I know every single country already have bitcoin users. Whether they are active or not, they already know it and accept it on their country. We do not take part on legalized bitcoin which is most government can't take control on it that is why they do not legalized it. As long as they do not banned it, I think it is still profitable
2537  Economy / Economics / Re: What would benefit bitcoin more? on: October 28, 2017, 12:08:06 AM
More business accepting bitcoin is the answer. As more and more people start to use bitcoin so the need grows with that comes price rises. Supply and demand.
But very honestly i would like to say, that currently i do not think that enough business have adopted bitcoin. may be in some places we can expect, specially in modern countries, but i do not think that there number are much more. But in future we can expect that a time will come when bitcoin will be use as currency and then most of the businesses will accept bitcoin for payment methods.

Although it is not much but nowadays it is growing. I do not know who but I saw many bosses and some industries are adopting bitcoin right now and it is really good for us when the price ia reall huge. But we never know if this is going to be bubble or it has strong fondation. We can't really predict what is the outcome when we can't control it
2538  Economy / Gambling / Re: ✅ DuckDice.io 🎲 MAX 2K Faucet 🎲 120%Deposit Bonus 🎲 1%Edge 🎲 Fair 🎲 Chat 🎲 on: October 26, 2017, 12:11:57 AM
Dear DuckDice members, we are happy to introduce new speed for Auto mode!
Many of you requested more bets per second and we are proud to say that our bets speed is now one of
the highest available among all Dice games,
just go to DuckDice and check yourself!


Does autobot depend on each country of us? If our country near to the server then it will have fastest speed but if it is out of the zone, the speed will be the same. Am I right? So it does not really matter since you got many players that come from differents country right? Until now I just saw that bitsler have the fastest one because of the flash mode, I am not trying to promote bitsler here but I just wondering why you can claim you have the fastest roll here. No offend here

Flash mode, is it still available at bitsler? I think it has been removed as I did not see it again when I was there some time ago. Even if the feature is still available then you cant compare it to normal autobet. You should compare it apple to apple, so if you want to compare between bitsler and duckdice then take the same regular/normal autobet system.

I do not compare bitsler or duckdice but what I am saying here, the fastest autobot must be the one that have closest server, if there is some huge gap, no matter how fast the roll, it will always be a normal speed. I am comparing the one that near to the server and the one that far away
2539  Economy / Gambling discussion / Re: Have you ever won a prize in Freebitco.in Lottery? If yes, how much? on: October 25, 2017, 03:19:15 PM
never won a lottery from freebitco.in , but tried so many times. every time i failed there.I think no one really won bitcoin from this site(confused).

Actually there is only 1 that really claimed their prize until now. There is always a winner for each week but of course not all are going to exposed it here. What I assumed here only one person that active on BCT that posted with the real address. Other address might be not a real or may be long gone from early player

You should check on their thread that only one person win 2 btc with 0.06 btc
2540  Economy / Gambling / Re: Why rollin.io closed their service ? on: October 25, 2017, 02:38:42 PM
They have already stated these reasons for selling their platform https://bitcointalk.org/index.php?topic=2115806.msg21156790#msg21156790
Quote
Our reasons to sell:
We want to give our full dedication (e.g. time & money) to other projects than rollin.io;
Due to the other projects we have, we cannot afford to risk our current bankroll with high rollers;

So the main reason for complete closure is that they couldn't find any buyer for their casino  Grin
But they haven't scammed anyone while they were in business...

I do not know why but it seems that big site closing has always the same reason, 'need to focus on other projects'. And I do not really believe that, this is really profitable and why they suddenly close it? It must have some hidden reason on their closing
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