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2601  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: October 04, 2015, 10:02:34 AM
I had bought some bitcoins when prices were around $1000. I did that just to invest in gambling to make my investment in to ten times. But, I failed in gambling to multiply my investments as well bitcoin price was in down trend. Still I'm holding in down trend and I feel it's very important to see good profits when bitcoin test new heights.
2602  Economy / Trading Discussion / Re: I quit trading on: October 04, 2015, 08:33:30 AM
Many people simply quit trading just after some losses in trading.
It's not a wise decisions. Trading has paid any trader on their early days. It needs lot of dedications as well as skill development to gain some decent returns. So, you need experience to be a successful trader.

That's the real situation with many novice traders. Trading is always risky. But we can turn trading into profitable way in for just focus our dedication towards trading. Unless with proper education and dedication no one can gain profit from any type of trading.
2603  Economy / Trading Discussion / Re: How do I grow my btc? on: October 04, 2015, 08:30:51 AM
Simply. Trading and Investment, both are best options. Smiley

Yes. Trading is the best idea to grow our bitcoins. But we should not start our trading right away from our bitcoin. We must start out trading with trail account. Many forex companies provide trail account to test our skills in bitcoin trading. We must start from there.
2604  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: October 04, 2015, 08:28:35 AM
So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...

I'm not holding my Bitcoin for a price increase, because simply i use Bitcoin as the other currencies, as it's in fact money, so i sell and buy, i spend it usually

But I am holding for tomorrow for a secured future.  I don't know when it will be yet I am holding and still buying a bit at whatever I can. I seek after the best additionally about the innovative changes which the Bitcoin convention may need to propel later on. What's more, I believe that question like the ones we are helping of late are bad for any individual who thinks about BTC.
2605  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: October 04, 2015, 08:21:58 AM
The question in the tittle is not set good.
It is similar to me if you ask will you quit your day job in USD for EUR.
Bitcoin is a currency like virtual USD,EUR... it is spendable like others, it is just a form of payment for a task,job, the answer is no.
Yeah, the title is bit weird for me too, it sounds that bitcoin is like a company Roll Eyes
But if OP means get salary in form of bitcoin I think isnt a good idea, since its value has volatility.

For the second line of your comment i would say that if you plan to invest in bitcoin after you get the salary in fiat cash money than it is more that perfect to receive your salary in bitcoins.
The price of you salary then varies it can be higher sometimes it can be lower as the bitcoin price change periodically.
If i choose to invest after i get the cash then i would accept this kind of payment but not quitting my job.
Even though this situation could give us advantage when the bitcoin price become higher, I think people still choose fiat as more stable currency to become their salary. But yeah I guess this kind of payment would be adopted by companies when bitcoin has been a mainstream thing for whole world people.

May be when bitcoin hit higher prices people may wanted to work for bitcoin in full time manner. Till that people will be having a secondary thinking on being a full timer only for bitcoin earning. Because even I get salary in bitcoin I do not has more bitcoin accepting products for my living.
2606  Economy / Economics / Re: Is it helpful or harmful to the Bitcoin to offer products/services only in BTC? on: October 04, 2015, 08:18:47 AM
I am not really sure about this, but are you legally allowed to refuse fiat?
Fiat is legal tender and not accepting it in a store might get you into trouble, depending on the jurisdiction involved.

I do not think there is any legal issue when we refuse to accept fiats. It may be up to you, if you have wide range of payment acceptance, you may get more business than you stick with only one payment system.
2607  Economy / Economics / Re: How too get rich on: October 04, 2015, 08:16:12 AM
Why not? Getting rich is pretty easy - spend less, save more,  that's it.

Saving money will not make you rich. If you spend less and save your money, then in less than 20 years that money will be worth just a fraction of its original value. Inflation is a big issue with the fiat currency. If you are investing in some asset which is guarded against inflation (such as gold and Bitcoin), then it is OK. The key is to invest in the right commodity, at the right time.
Well it back to our own perceptions about what rich is. There are people who always make money from their investments but dont feel that they have been rich, and in otherwise there are people who dont get high salary monthly but feel they are rich since it is more than they need to buy their stuffs.
Be that as it may, I believe's regardless it superior to anything simply imagining. In the event that we can construct our profession in taking a shot at the right way so I get it can make me rich, since we will get paid in consistently. I concur the venture is the most ideal way, however it has the dangers as well. Not all of individuals that contributed their cash could be rich, I think it rely on upon a fortunes too.
2608  Economy / Economics / Re: Best way to make a living online? on: October 04, 2015, 07:57:08 AM
Basically I'm very much great at program coding so I'm running a few projects and bitcoin related on a web journal. In spite of the fact that I am doing this all the money I earn from online is insufficient for my living. I still look for a better earning opportunity to make my online earning to a decent living compared to a regular job going person.
2609  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: October 04, 2015, 07:08:56 AM
We never need to sell bitcoin ever. Because when everything available for bitcoin, what is the need of selling bitcoin for fiats.
Other scenario: At higher bitcoin prices, if everybody wants to convert their fiats, why you need the reverse process.
2610  Economy / Trading Discussion / Re: Noob question about getting a loan with collateral on: October 04, 2015, 06:59:23 AM
You can check here:
https://bitcointalk.org/index.php?topic=1144224.0
Personally I have not availed those services. But I offer loan in some other sites. If you find this service useful, please share your experience here. That would be more helpful for other loan seekers.
2611  Economy / Trading Discussion / Re: What is your trading strategy? on: October 04, 2015, 06:56:56 AM
I read Mr. Sharma's daily bitcoin forecast blog. More over I can read the candle stick patterns. If the moving average of different denominations coincide with candles patterns, then I will open my trade. This is my trading strategy. I make one or two trades in one week.
2612  Other / Off-topic / Re: Bitcoin and Porn on: October 04, 2015, 06:38:56 AM
Bitcoin and porn are my favorite anonymous things. It want these both anonymously. I have already spent lot of bitcoin for buying subscription of porn content in many sites. Thanks to bitcoin for providing me to buy those without my credit cards.

There is an issue with using Bitcoin, instead of credit card to make payment for porn sites. If you use a credit card, then no additional age verification is required. But if you use Bitcoin, you might need to submit a scanned copy of your driver's license or passport, to prove that you are over 18 years of age. So in the end, Bitcoin is not that anonymous as well.

Do we need to submit identity proof to a porn site? That's ridiculous. If I was ready to my proof to mtgox 3 years back, I would have bought good sum of bitcoin for cheaper price. So, asking identity proof to a porn site, I will google some free sites and free stuff.
2613  Bitcoin / Bitcoin Discussion / Re: What do you do with your idle coins? on: October 04, 2015, 03:43:36 AM
Idle coins are my savings. Every early adopters have big amount of bitcoins and made them sleeping for years. They treat their idle coins as investments. Bu the way they help bitcoin community to get better price for bitcoin. You also can help our community by making more coins idle.
2614  Other / Beginners & Help / Re: do you believe with bitcoin on: October 03, 2015, 03:58:21 PM
do you believe with bitcoin in the future can replace fiat as a number one currency?

It might be happen if bitcoin has strongly influence worldwide to replace our local currency.
Bitcoin also need stable price and more advance security system in order to maintain bitcoin performance so it will gain new bitcoin noob's attention

I strongly believe that would happen very soon. People already have lost their faith with fiat currencies just due to the situations happened in Greece. Everybody wanted to save their wealth most securely for next generation. Bitcoin will help them to help itself to reach the number one position.
Bitcoin is now almost 6 years old. What else we need  from a technology other than it's survival. If one thing lasts over time means it has something to prove us. Without reason, on one long lasts. So, for a reason bitcoin was created and still existing.We need to believe in bitcoin.
2615  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: October 03, 2015, 03:54:16 PM
The only way to get women interested in Bitcoin is to get designers to take it Hermes Chanel Prada Gucci to name a few or make Bitcoin pink.

If satoshi is a girl, she would have designed bitcoin logo in pink, just to favor her side human being. Then, girls would be ready to follow the girl invented things. Satoshi forget to unveil his gender, otherwise that would help us to attract girls at least.
2616  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: October 03, 2015, 03:49:19 PM
I have put a big amount of bitcoins in cold storage and I'm waiting for the price of $10k, really not $1000.
Even my friends not believing me, but I'm sure bitcoin will bounce back and will peak to new levels. History has to repeat.

That's the meaningful expectations, I also have faith on bitcoin to reach that levels very soon. But nobody is ready to believe myself too. But I see many people here saying bitcoin may reach even 1 million level too. But that may be my next target. But, my first target is 10k for my 50% hoardings.
2617  Other / Beginners & Help / Re: Most Secure bitcoin wallet ? on: October 03, 2015, 03:39:14 PM
Cold storage is the best way to secure bitcoin wallet. When nobody knows the funds available with you, then the chances to steal from you would be very less.When everybody needs a hot wallet to manage daily transactions, then
cold stored bitcoin has nothing to do for that. Then we need a strong password.
2618  Economy / Economics / Re: 62% of New Millionaires come from Asia on: October 03, 2015, 03:17:39 PM
Because Asia covers many developing country whereas other continents either have developed countries (like eurpoe) or undeveloped countries (Africa)or few developing countries (S.america). So Asia got obvious reasons to have many millionaires and have big potential for bitcoin.
2619  Other / Off-topic / Re: Bitcoin and Porn on: October 03, 2015, 02:56:16 PM
Bitcoin and porn are my favorite anonymous things. It want these both anonymously. I have already spent lot of bitcoin for buying subscription of porn content in many sites. Thanks to bitcoin for providing me to buy those without my credit cards.

That's the things many people do. Because there will not be any statement which would say where ever you have transacted. But credit cards have statement to make catch you by your father or spouse. Nice usage of bitcoin. Bitcoin fits in all sectors.
2620  Economy / Gambling / Re: Gambling sites offering free signup bonus? on: October 03, 2015, 01:36:19 PM
lot of gambling site giving away free bitcoin from faucet, but if they've offering free signup bonus i thought they must be on games and round section

Yes many sites offer this features which is definitely better than one time sign up bonus. Because you may not get a second chance with sign up bonus, but in gambling most of us definitely require a second chance to re-fill the balance.
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