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261  Bitcoin / Bitcoin Discussion / Re: Where and how much bitcoin you spent today? on: November 25, 2015, 06:26:33 PM
I have not spend any coins today. I have spend the whole day indoors today and have just been relaxing. I however in a normal day spend less than a coin just to pay for my day to day bills and purchase of food stuffs. That is just a comparison but I never use the real bitcoins to run my daily errands. I value my coins a lot and will always keep them on hold just to be safe when the price increase.
262  Other / Off-topic / Re: What do you wish you could buy with btc ? on: November 25, 2015, 06:10:40 PM
I can only buy with bitcoins the product or a service that will guarantee me that I will be increasing my coins. I have spend a lot of resources in the trading issue and hence I ca not just be throwing coins without really knowing the exact place to use. Having more than enough bitcoins, the only thing I can purchase with is a house. It is something that I will live looking at and thank God. BTC coins will help me evade the costs that are accrued to the mortgage loans that are always given.
263  Bitcoin / Bitcoin Discussion / Re: Is it a waste of time mentioning Bitcoin to friends and family? on: November 25, 2015, 05:53:47 PM
It is a good thing to have your friends, family and anyone who is close to you know about bitcoin. The reason is where we are heading to will be highly dominated with bitcoins and other forms of digital currency. Inform them will also make those who are interested in the trading pull a stand. There are people who are willing to invest in almost everywhere but have no clue of what happens around. be a mentor to such like persons and they will live to celebrate you always.
264  Economy / Trading Discussion / Re: I quit trading on: November 25, 2015, 05:30:46 PM
I know you have worked so hard for the amount of bitcoins you have now. You however need to be careful not to waste this coins reason being you were never gifted, you worked for them. You better find an investment field where you will be able place the money and enjoy the dividends on an annual basis. You have to invest for the future to come when you have not constant source of income. You can place the money in real estates projects among other top end money generating projects.
265  Economy / Trading Discussion / Re: Minimum to start on trading on: November 25, 2015, 05:12:25 PM
There is absolutely no fixed amount that you can start with when it comes to trading. The best thing is to always start with a proper research to find the area you are investing. After doing so, you will be able to make a plan and just try to see the resources that will make you start the work. I ca say that when it comes to trading, your passion and attitude stands tall against any other factors. You can have lots of money but not will to trade in a certain field then end up in losses.
266  Economy / Gambling discussion / Re: Why is gambling so addicting? on: November 25, 2015, 06:53:05 AM
The facts with gambling is that you will win a lot of money compared to the one you have invested in. The duration it takes to win the cash is short compared to any other form of investment. You will therefore be willing anytime to invest the little you have with the hope that you will triple the amount. Gambling is all about hope and it is always not the case that you will win on every bet that you place. The uncertainty happens and what keeps you going is the experience stories shared by people who are doing great.
267  Economy / Gambling / Re: Any advice to start gambling? on: November 25, 2015, 06:41:37 AM
Before you start to gamble. Be sure that you have done enough research. This is to help you identify the niche you are well versed with. One thing with gambling is that you can only excel in the fields that you have proper knowledge. You also need to understand the risks and benefits associated with gambling. You have to carry an all round analysis so that you wont regret having spend some coins and ended up poor than you were before. Gambling has its ups and downs too and you need to be well prepared.
268  Economy / Economics / Re: bitcoin investing on: November 25, 2015, 06:22:21 AM
Bitcoin is a proper investment. All I can say that if you have the money, purchase as much coins as you can since they price of the coins is increasing from day to day. So when you hold on your coins for sometime, you can be able to resell them at a price much higher that the one you purchased. That is how people make money without much hustle. You however need to understand the metrics and challenges of bitcoins before making the purchase. This is just to help you be sure of the decision you are making.
269  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 25, 2015, 06:06:05 AM
It is a good thing that people has started seeing the goodness of the digital currency. I always say that once the superpower countries or the first world countries have accepted the bitcoins, it will be easier to roll out to the rest of the world. I do think the reason why it has been a challenges for the growth is because at first bitcoin was tainted to have been used by criminals. I also hope that the coin will be the new mode of currency in coming years.
270  Economy / Economics / Re: The future of the paper money on: November 25, 2015, 05:51:20 AM
Paper money will not be completely banned. What will happen is the legalization of the digital money thus giving options to the people either to transact through the paper one or digital based.  Digital currency and to be specific, bitcoins when accepted  by a majority of countries as a official currency will mean that banks will have no option but cope up with the trend. As much as there are people who value digital money, there are those who will still be glued to paper money and thus it can not be scrapped away.
271  Economy / Economics / Re: What if US Dollar Crashes? on: November 24, 2015, 09:18:49 PM
For a dollar to drop, lots of factors are always analyzed and taken into practice. United states is the current superpower and with privileges they enjoy, I cant say it will be able to crash. The dollar through research has depicted the fact that it has , it is and it will be stable. This is the reason why in most of the countries is used as the official mode of transaction. This just justifies the fact that it is a strong currency which is here to stay.
272  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: November 24, 2015, 09:07:02 PM
The price of bitcoin becomes a concern especially those who have invested little dollars in the trading pool. You however not find the people who have invested in dollars taking into consideration the price issue. They are concerned about the worthiness and the returns when it comes to the worst case scenario. I therefore say that the whole issue is dependable on each and every individual. Personally, I will say that price will matter since it depicts the amount in temrs of profit that is expected when you sell.
273  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: November 24, 2015, 08:32:17 PM
That is a good option and am in full support for it. You should always buy something that you will keep on remembering for a long time to come. Bitcoins can go up to a price that will favor you a lot. It is always the main reason why people do hold back on the coins they have. You may have purchased the  coins at a very lower price and end up selling them at a profitable price. Go for the house.....
274  Economy / Economics / Re: Companies that pay in Bitcoin ? on: November 24, 2015, 08:15:12 PM
I do not know any company that offers salaries in terms of bitcoins and I do not expect it to happen very soon. The reason I am saying this is because the top companies do not want to spoil the reputation they have spend time and resources building. Bitcoin is still tainted the picture of being used by criminals and therefore just accepting it anyhow. There are also other persons who do not like trading with bitcoins and therefore they won t be able to support such like argument.
275  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: November 24, 2015, 07:54:19 PM
I will always stick to my job and have the bitcoin trading as a side hustle. The reason being you never know when the coin business can come to as a stop. Bitcoin is a digital currency that is still growing and is not guaranteed to success because they are still facing challenges among countries. Even though the bitcoin can be rewarding even more than what you are being paid at the place of work, be sure to know that their are other benefits associated to that job.
276  Economy / Economics / Re: How too get rich on: November 24, 2015, 07:37:21 PM
For you to be rich, first be able to establish the niche you are comfortable with. It is always one of the best yet critical part when it comes putting into place the efforts. After that, be sure to ake a plan and budget so that you find out the total amount it will cost you to have the business on track. Invest a lot and make sure that you reinvest the profits you get from the sales. They will help you a lot in terms of growth and being rich. You have to work for the richness you are yearning for.
277  Economy / Economics / Re: Is Gold the root of all evil? on: November 24, 2015, 07:26:22 PM
Want I can say is everything when left to carry you along may be the source of evil. The reason I can say why people say that gold is the source of all evil is due to the worthiness and value it holds. People engage in evil deeds just to get a portion of gold and by having the perspective that gold will solve all the problem they have, many have fallen into trap. Be always careful that you do not reach a point where you are worship the gold and you can do without it.
278  Economy / Economics / Re: Is it better to save money or invest it? on: November 24, 2015, 07:05:43 PM
I can say that all the three methods have their advantages and disadvantages that you need to know before you decided to land on any of them. I will however say that it is good to invest your money in bitcoins. The reason for this is because the coins ha a very high potential to grow. Even though it is experiencing challenges today, there are lots of hope for the digital currency.  It will be of great importance in the near future when accepted as the formal currency to make transactions.
279  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: November 24, 2015, 05:41:02 PM
If you really want to invest your money on the bitcoins, then I could say that It is a good plan to make you invest more cash when it comes to the near future. You however need to understand how bitcoins operate and be keen with the trends so that you can not regret in investing in the bitcoins. Investing the coins for year for example will attract over 300 coins. This are not just mere dollars bro, it is a lot of cash. So if you have supporting statements and willing to invest there, start with the 1 BTC a day deal.
280  Economy / Economics / Re: How to save money. on: November 24, 2015, 05:14:20 PM
Hi Dotakel. Thanks for a complete work though the savings. Honestly speaking this is one of the key areas that I have struggled and many times ended up in trashes. I can say that I earn good amount of cash but waste the whole chunk on the things that do not add value into my life at all. I however have learned that It is better to save especially for the future times lets say when I wont be having an active well income generating job. I have made a decision to be saving a third of all my earning. I intend to have the money channeled to other revenue generating projects.
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