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2561  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: May 14, 2017, 07:03:22 PM
Very simple,  people are randomly selected bitcoin for the security purposes. Since bitcoin is safer rather than any other form of money so people are getting motivated for using bitcoin now a days.
If every government allows it as a currency, then it would be more friendly rather than cash.

It's very easy and practical to use bitcoin, but if the government uses it as the official currency, it will become a global threat to fiat as it happens at rate of China currency exchange declining, But I feel bitcoin has an important role in world civilization in the future where all the conventional things will be displaced by technological era.
2562  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: May 12, 2017, 01:43:41 PM
Twenty years from now I'll be sure one in a million user, because without doubt I'll earn at least a single bitcoin every year. Also 20 years from now we cannot make calculated prediction because at times the changes experienced in the price is very big and at times it falls much steeper.

Oh well 20 years from now is 2037 right? I read somewhere that bitcoin will be worth $500,000! This is a very high estimates but who knows. Today many country are already joining to recognize bitcoin, the latest is Australia. By 2030+ bitcoin maybe  already mainstream, and for sure it ha an unprecedented high price.

Link : Bitcoin Price Will Reach $500,000 Realistically: Snapchat's First Investor


Actually I dont really like to think too much about bitcoin prices, but I predict next year bitcoin is already at 4000 dollars because of the influence of adoption from some countries that will emerge. Price gap now with next year is comparatively attractive ratio if calculated for next 20 year.
2563  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: May 12, 2017, 01:36:43 PM
Actually i never saw a man, who has rich from Gambling?
I m not playing gambling because i saw a lot of people who has lost everything in gambling.
So i want to ask if anyone is here how has rich from GAMBLING ??
According to me there is no way to Become Rich Through Gambling Because If it's Possible then Everyone Will Do Gambling and Become Rich And Also We all Know that Gambling is Just a Shit Game Based Upon Your Luck and Anyone who is doing Gambling can Win in Short Run But Not In Long Run Because We all Know that All the Casinos in the World Works on the Basis of the Probability System and That's all.

Most successful gamblers work more than talk, but if you want to see some of them please visit the wsop tournament or some world class offline tournaments. People who always complain will never feel the beauty of gambling, because they always think about endless defeat.
2564  Economy / Economics / Re: Bitcoin or gold? on: May 12, 2017, 01:29:14 PM
for current situation we should select gold for next 10 year, because we dont know when government will BAN cryptocurrencies or Bitcoin and gold is not going to ban for use so i would prefer gold for now will think after 10 year about bitcoin  Grin

What we need to know is when the government legalizes bitcoin, not vice versa because the current price trend is a benchmark of the increased users volume. In this case gold has lagged far lower than bitcoin, so we should think smartly to divide a clear percentage of the investment on these two assets. I suggest to multiply bitcoin or it will be far behind by other planes in the future.
2565  Economy / Economics / Re: USD vs BTC on: May 12, 2017, 01:10:51 PM
At this time i see the difference between bitcoin and usd. Yes, maybe this is like comparing between gold and money. Well, of course people need more money, but still make money from using bitcoin.

They are still physically different in different technological worlds. But bitcoin keeps relying on the the latest dollar price so they both have a very clear connection, it would be very meaningful if bitcoin in the future becomes a common currency around the world, so there's no need to be official cash allowance for a particular zone.
2566  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: May 11, 2017, 10:46:06 PM
What I think is how bitcoin is able to change the middle to lower economic order in third world countries and some African countries whose economic level is still below established standards. They obviously can't reach the internet, and I think there is one gap that really helps them in today's Africa with ponzi method (onelife), although it's very helpful but this is still wrong and too risky for me.
2567  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: May 11, 2017, 10:37:10 PM
It's practically impossible for a cryptocurrency like BTC or any other crypto to replace a "real currency". USD is an international exchange currency. BTC has quite a long road till it becomes "renowned" and used by a large percentage of people.

Agreed, dollar is still being used by all people around the world even the bitcoin currency become popular. Actually both bitcoin and dollar can go along together and don't need to replace dollar. Bitcoin can be like a top digital currency and dollar is for offline transaction.

Yes, either they will both sustain simultaneously or they won't, but overpowering or replacing dollars is not possible. Even if US accepts it as a legal tender, then also I don't think they would disavow dollar as their primary local currency.

Bitcoin would be very good if it was made into common currency like euro currency, although it would be very much debate that occurs because bitcoin is a challenger of capitalism and centralization. I think in the end bitcoin will be a non-physical stock in world trading market, so Fiat can still run side by side to keep one level above bitcoin.
2568  Economy / Economics / Re: Is it better to save money or invest it? on: May 11, 2017, 10:29:51 PM
I better to invest my money in 50% and 50% for saving my money. Invest in online is risky I prefer Invest in  if the  is going down.
Absolutely right mate. Invest in online always risk, this market you can't expect what will happen next. And practice of both, I mean half save for the future rest of invest some trusted site. I think It's a better way for most people. Set the goal and wait your potential success.
you are right that online investment is sometime risk i think hold your bitcoin is good for your future because the price rising everyday and if you hold bitcoin for 1 month i am sure you will get a big profit in short time from bitcoin so hold is really very better.
What if the prices go down ? Though the current condition of the bitcoin price don’t seems like such but we have to keep in mind that the bitcoin is a very high risky job. The prices can go down by any time if any of the government bans it in the country. I guess holding is not a better option. It is good to invest your bitcoin wisely so that if the prices go down you can make it sure that you are on a safe side.

The biggest thing why consistently continuous bitcoin prices continue to soar are those who think otherwise about your opinion, they are less concerned and worried about when bitcoin prices go down and others, they continue to focus on producing more bitcoin every day, and automatically this is very Effect on price increase. A healthy economy is an economy that continues to fluctuate up and down, if bitcoin never goes down then this coin has certainly gone from a few years ago. Investment policy remains in your hands but it's better for us to think positively.
2569  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][QAU] QUANTUM PROJECT - Connecting markets on: May 11, 2017, 10:07:07 PM


This investment is beyond my expectations!
In every ICO there's always a surprise at the end of 1-2 days and I think it will exceed 2 million dollars, I hope Quantum is a good pioneer for all other ico. My estimation of this amount is enough to run the project further and doesn't require any other bounty.
2570  Economy / Gambling discussion / Re: How can gambling help you with your life? on: May 08, 2017, 01:31:21 PM
Actually, gambling doesnt help me with my life. This gives me short fun and entertainment but in the end I lose money. Becausw gambling is luck not really helpful for those needy ones, Ive become addicted into it but end up losing much money.

If you feel more adverse effects compared to the benefits, then immediately turn away from gambling, or don't rely on the very high expectations of this business (keep playing). Sometimes gambling can really help you, but on condition that you are able to rise up and analyze all the defeats experienced, the successful gambler is an unyielding gambler.
2571  Economy / Gambling discussion / Re: What keeps you coming back??? on: May 08, 2017, 01:23:16 PM
Not only you mate, we all of us doing the same. I think it defers every gambler to gamblers. When you have experienced the losing streak comes to this field to recover your losses by winning quite fast. So, there works something power which can be called natural curiosity, thrill, brain continuously forced that helps keep people coming back.

It is not the same case for everyone. I keep on coming back because I am addicted to play, I want to play and I have the urge to do that every single day or atleast twice a day. I keep coming back however I only use a small amount to play that is why I dont think that it will be bad for me if I keep on playing

Right the reason will be not same for everyone, but most of the players will come back again to get back their losses in gambling. In your case, you are addicted to gambling so you are indirectly addicted to free money, or you addicted to gambling games because of this 2 reasons you will come back. I am not addicted to gambling I play just to have fun in gambling.

There is one bright spot for me in gambling, I've experienced very heavy defeat with considerable burden of dependents. Long enough I stopped gambling for up to 1 year. But this made me find a real solution where I can go back to gamble but not addicted at all (it can be controlled), this is because I have other activities and can play gambling at will without any stress.
2572  Economy / Economics / Re: Is it better to save money or invest it? on: May 08, 2017, 01:14:08 PM
Invested in btc or altcoins, having your money in traditional banks, basically you are loosing money these days.

It is not always true as many altcoins may fall in price and you may be at a loss. We know there are several hyped shitcoins in the market which tempt the people and end up as a pump and dump scheme - while investors are too late to realize that. Its important to save and invest at the same time, otherwise you will end up with no money in your pocket for daily necessities for everyday life. Also jumping not investing money is not a good option without proper knowledge and information on the investment.

Shitcoins is not going to be endless, but if we're used to understanding their developmental patterns, we will not touch them at all and choose to buy another altcoin. Currently the bitcoin price is very high, too high until I'm not sure at which point the bitcoin will fall back. Better keep investing in some guaranteed altcoins like eth, etc and dash.
2573  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: May 08, 2017, 01:07:49 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?

I think it would be popular but not so popular not like now. Many bitcoin user want this coin because of it's price that's not stable. So if the price is stable, only few people wants to use it like in deepweb. Because they need this coin to buy, trade in darweb.

It will still be popular, but it doesn't add value on a large scale because in fiat we also know about fluctuations, the more significant bitcoin fluctuations make it a favorite currency among cyberspace, and theoretically higher than gold enthusiasts.
2574  Economy / Gambling discussion / Re: Why is gambling so addicting? on: May 08, 2017, 10:14:36 AM
Has anyone think what can be problem with this.

Many people gamble because it helps them escape problems they have in real life, other are doing this cuz make them powerful or on the edge, that why is called by many names from gambling addition to ludomania. So we all have some sort of this problem in some small or big way difference is how we deal with this.

How come that gambling could make them escape the problem that they do have in the real life if gambling is also a problem, and besides, escaping your problems in life won't solve it if you are always going to run away, you have to face it and think for a solution, because that is the right way on how to solve it, not in gambling, not by avoiding it, but strongly facing it.

Or you could share it to your friends because it will help you a lot to at least feel relieve because you know that you are not the only one in your life, and your friends or even your family could help you on problems, you just have to say it to them, and not in gambling.

From a gambler's side of the way it is ineffective, addiction will make us lose control for some time even a full day, no matter what method except to think of spending their money back in hope of covering up recovery of existing funds. In this case we just need to divert other businesses like trading and others for a while to neutralize the chaotic atmosphere. If you just cool down and get out to calm down it's not the right way.
2575  Economy / Gambling discussion / Re: How do you know whether its your lucky day? on: May 08, 2017, 10:05:31 AM
How do you know if this is your lucky day? It's very easy to determine because if you are playing for example sports betting and you bet for a lot of teams, ex. 5 games and all of those games won then you are considered to be on your lucky day. And if you only won with 3 out of 5 games still you are lucky because the percentage of winning is high.
i think  at the end of every day every one can decide that either their day was luck or not, but i think it is not possible in advance that the on going day will luck for him or not, every after winning 5 bet you cannot be sure that either you will be lucky for the 6th bet or not. i think there is no such mechanism or way through which we can  find out about our luck in advance.

Yes it can also be applicable to decide for yourself if this day is your lucky day or not. For me it doesn't matter on how many times you are going to bet , but the most important thing is the result of your gambling for that certain day. If you got good winning on that day then declare it that it's your lucky day but if not, just try again  for the next day.

Lucky conditions can be seen from when we are directly involved in it, victory and defeat can be seen clearly when we have used 50% of our balance or have gained half of the capital budgeted. If you feel comfortable then just continue, and vice versa. In sports betting is also the same, if we see our prediction is not appropriate for 5 consecutive matches, then it's the best sign to back off and not push yourself on that day.
2576  Economy / Economics / Re: Which one is good, trading or investing? on: May 08, 2017, 09:57:12 AM
I think both are good because it had a good prospect, but I will share a larger portion of the investment due to trading more risky than investment. In addition, there is no best way to always profit when trading, so we can only speculate.

Investment also requires a very strong understanding that we can get involved, let alone investing in crypto no one can provide 100% guarantee unless refunds from ICO fail. On this side, trade has more points because with the existence of risk is certainly directly proportional to the calculation of greater income from investment.
2577  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: May 08, 2017, 09:47:51 AM
The price of the bitcoin is unstable, a month can go up to 50% but could drop by up to 50%, it is very risky for the corruptor to save money because there is no money opportunities bitcoin runs out.
Funny you consider this as an issue for the corruptor, although this not seems to be a big problem for them. As long as they store and keep their bitcoin no matter how low the price of bitcoin at the moment, they can still wait for it to increase. I think the biggest reason of them using bitcoin is that to hide their corrupted money so that they will not easily get caught.

We must remember that the bitcoin fluctuations are still balanced even though they are often up and down, we can see the current bitcoin prices, and if viewed from corruption, this is not a big deal because the most important thing for them is by Washing their money as much as possible, depreciation is inevitable , Bitcoin is not money that can be lost and this is the entrance to speculate from corruptors.
2578  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: May 07, 2017, 06:53:59 PM
bitcoin has already been a global currency since it was first created. Satoshi waant people to use this coin as a primary school on the global and this coin is a symbol of the crypto currency revolution
Perhaps still not as much globally as you think. Because the fact is that only a certain number of people use crypto currency and there is no talk of mass use of speech.
although the number of bitcoin users are few but i think they are present everywhere, i do not think that there will be a single country where the users of bitcoin will not available. and in this sense we can say that bitcoin is is universal currency and we are hopeful that the users of bitcoin will be increasing more and more.

Bitcoin is already a global currency in online space, but if it's applied to real currency obviously can not yet because it will damage the dominance of fiat in many countries. I think bitcoin will be a kind of stake in market trading, and not bound as a real currency. They are just as liquid as gold and other asset products.
2579  Economy / Economics / Re: panic selling on: May 07, 2017, 06:45:13 PM
If it's a massive sum like a 1BTCM then maybe yes, it could cause a drop, which would cause a chain reaction. However, I wouldn't worry about that. We have more to worry from the Chinese government releasing stuff into the media, causing people to panic.

But then again, if they all started to sell, the cheaper it gets. Their loss, our gain.
Those days are long gone,the Chinese government cannot put pressure on the price of bitcoin any more as you can see that the majority of volume is not from China and so these sort of follow up news wont see a huge dump in the price of bitcoin as we used to see in the past. People usually panics when they hear any bad news ,it is natural but if you are a trader you must consider the long term aspects too.

Yeah, panic selling does nothing other than lock in our losses. I mean, you knew the risks when you got in it. Maybe those who panic sell tried going all in on bitcoins so that's why they get very afraid whenever the price falls.

If the reference is to china market behind the day it's clear I'm feeling a tremendous panic, then I just think about two things, that is pulling all the nominal in account, and at least cut loss if it succeeded in pulling half, but what happens is the account is frozen by the government.

At least from that incident I learned a lot about panic selling, as happened in early March when people started to panic selling their bitcoin, I remain relaxed and analyzed that the movement of bitcoin will rise again until now.
2580  Bitcoin / Legal / Re: A big problem in bitcoin ??? on: May 07, 2017, 02:57:20 PM
I think the issue of understanding this issue of bitcoin unlimited is due to lack of the technical knowledge about how the bitcoin works and explaining it does not make it simpler either by the those who understands it. My own is to ask that what will be the relevance if in the long-run it will still amount to one of the btc to survive and wont this btu be a distraction to the development of btc?...

Bitcoin Unlimited issues will always be present, especially if bitcoin price drops because of very negative news. The relevance if btu dominates market is to undermine dominance of bitcoin cores by creating different centralized and capitalist communities. This will indirectly disrupt the system that we apply now.

But the positive thing I analyze if btu is enlarge is easily accepted in various regulations such as forex market Because it will be more controlled and monitored.
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