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2681  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: August 15, 2016, 02:16:30 PM
Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins
Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

For a good business, we should not think that supply should down instead need to find ways to increase demand then the growth of bitcoins will be very strong. If more and more businesses start accepting bitcoins automatically, bitcoin market will grow instead bringing down the supply of bitcoins. I kept only a few coins for long-term growth and sold most of my coins as and when I make some profit from my coins.

Ultimately, for businesses to fully embrace bitcoins they should pay their bills as well as wages in bitcoins too. Paying the bills (including taxes) depends on other businesses and the state, and it is not under control of the business that wants to use Bitcoin, therefore it is essentially out of the question...

But how many people are ready to accept their wages and salaries in bitcoins?
That's the problem there because the price of bitcoin is so volatile and for small employees who are earning a little amount they could lose the value of their in an instance when there is a timing of bitcoin dump.

That's certainly correct and still more so for small businesses like bakeries, wineries and the likes of these. But even with a high-profile companies like well-known exchanges (say, Bitstamp) that have offices and regular staff that companies usually hire for keeping the office in order, the problem is still there. For example, what would, say, a plumber do with his bitcoins?

Obviously, he would be forced to exchange them into fiat and most likely with a bit (or a lot) of pain in the ass
Maybe in the future where the price will become stable then we can see that it will be accepted also as a salary for all line of business, but for now it is hard to force this thing as this is just a game for the investors and traders this time. And I have to admit I belonged to the aforementioned.
2682  Economy / Economics / Re: How to save money. on: August 15, 2016, 02:11:36 PM
If you have a family ,it will teach you how to save money for your future. But if youre single and dont have any plans for the future you will not know what is the meaning of saving if your totally have nothing.

We'll I think you better have to plan for your future.  A man without any plan for his future should be avoided. Or at least influence him on saving something for his  needs in the future.  If you have nothing, you have your body to use for work.  Apply and get hired.  Then  keep at least 10% of your money for savings.  Make it a habit everytime you got your payout. That way you will be able to save.

Yeah, do that. Save at least  10% of your income. Do not wait to have a family of your own before you discipline yourself to save. I don't think you can even save money if you have a family already. It will be 3  times harder because if you have babies already, they will eat a great chunk of your money. And there will be cases they get sick and you have to pull the money you saved. So save while youbare still young and single.
yeah true you will feel how expenditures were beginning to swell when you have a family let alone have children you will need a lot of income to cover the cost of your life. I think if you do not want the trouble occurred. before you get married you have to have a savings or deposit money. I always save 10% of my income to be saved

I like what you are doing sir, you should have a good life when you got married, actually in my experienced I was married at a very some age and my savings then was really small or close to none, so I started to have a family with kids and I was full of debt that time, it was just a good blessing that I have discovered bitcoin since it allows me to earn on a regular basis through different kind of methods, and what I like the best is trading since I am a gambler also and I love to take risk.
2683  Economy / Speculation / Re: bitcoin continuous rising? on: August 15, 2016, 02:05:03 PM
yeah bitcoin is really continuously rising too much faster .
Hello sir, I hope bitcoin will hit price of 700 dollars soon. And thank god because everyday the price of bitcoin is increasing its a good news for all bitcoin user. God bless. More bitcoin more money

Last days are not really good as rising, but probably before year ending we can see another pump and touch again 700$
Today was not really a good day for bitcoin because it was down a little, I think other would be disappointed a bit but if you look at the other side, it is again another good opportunity to buy and those who were not able to buy during the last price fall back wold be given a chance to do it now.
2684  Economy / Economics / Re: Investing Bitcoins? on: August 15, 2016, 01:05:21 PM
With the current move on btc i think its hard to invest we may see the price rise up again or go down
That's the inherent risks in bitcoin. the price will be ups and downs very quickly. if you can not take advantage of opportunities as possible and do not want to be patient. maybe will you get only loss?
Losing is normal if you are unlucky or you did not study the movement of bitcoins, daily traders are making money with bitcoins even with a little price movement because they have studied the trend and they have a lot of focus on their trading job.
yeah i think the defeat or loss is a natural part of the trade. but when you go down the most appropriate price in the do is stay quiet and you can do calculations what steps are you going to do? is it want to buy more or waiting or sell your bitcoin?

Profit and loss will always be a part of trading, but with good skills and knowledge you can always minimize that risks, and if you believe in higher risks higher returns formula then you should go with altcoin trading.
I believe in altcoins is more like a gamble, I like to focus in altcoin trading because majority of the coins there has a bigger fluctuation and some of them can easily be predicted, I actually have a decent income last week but this time I lose a bit with LIR investment, hope it will go up again as the developers has announce today to solve the issue.
2685  Economy / Gambling discussion / Re: ♥♦♣♠RIO Olympic Basketball Official Discussion Thread ♥♦♣♠ on: August 15, 2016, 12:48:11 PM
Looks like the United States is whipping butt and taking names!!!!  I had my doubts that we would do this good this year!!  From what I can see I think we are going to take the gold!!  Go USA!

If there is anyone who thinks that France will kick our (USA) butts on the 14th of this month, please PM me and we can play for a friendly wager!!

US offense and defense looks like shit. I'm not sure what the defense is doing. They're overplaying on guys who can't shoot. Fouling way too much. Our front-court are giving up wide open dunks and layups to defend mid-range shots. When the defense isn't forcing turnovers, they're getting picked apart.

They could just be slacking off because they know they are the dominant ones in all the world teams in basket-ball.
Anyone know if they will be sitting any of their players for the finals if they make it this far from what everybody is saying about them lately,

That is true, but it might be annoying to us if team USA show how they underestimate other countries here in Olympics.

I think they will not underestimate them but the perfect words we can call it is they are confident to win and brought home the gold, and im sure that other countries will do their best to compete and do hardwork for more since they dont want their score to be buried down, it can be a shame for them since it will be listed in history if that really happens, but im 100% sure that USA will replinish the barricade who attempts to stop them to get the gold Smiley

Unstopable in USA team to gold medal
during olympic game is play use NBA player, USA untopable to gold medal

Fully support you, USA is so strong, they have best, first-class professional players, definitely they will get the gold medal.


History will prevailed they will got this gold for sure, USA professional team lose only once and that happen when there are only few nba stars are playing at their side but look at today, they are fully jump pack and loaded with full talent and thats the reason why opponent country cannot beat them since they got underdog rooster on their lineups.
USA almost lost one game in this olympics, they will make sure it will not happen again. It is crystal clear in my radar that the team USA will bag the gold medal, and it will surely be a convincing win, hopefully it will be against the Spain, fun to watch bro.
2686  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: August 15, 2016, 08:12:46 AM
Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins
Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

For a good business, we should not think that supply should down instead need to find ways to increase demand then the growth of bitcoins will be very strong. If more and more businesses start accepting bitcoins automatically, bitcoin market will grow instead bringing down the supply of bitcoins. I kept only a few coins for long-term growth and sold most of my coins as and when I make some profit from my coins.

Ultimately, for businesses to fully embrace bitcoins they should pay their bills as well as wages in bitcoins too. Paying the bills (including taxes) depends on other businesses and the state, and it is not under control of the business that wants to use Bitcoin, therefore it is essentially out of the question...

But how many people are ready to accept their wages and salaries in bitcoins?
That's the problem there because the price of bitcoin is so volatile and for small employees who are earning a little amount they could lose the value of their in an instance when there is a timing of bitcoin dump.
2687  Economy / Investor-based games / Re: invest in my gambling on: August 15, 2016, 08:07:45 AM
If you was a successful gambler you wouldnt have to beg for a loan. Admit it your just lying to yourself that one day you will win back all the money you have lost.
That is a bad way to gamble when you are taking loans just to do your gambling, if you think you can win in gambling then you should set up an amount for your bankroll and treat it as your investment that you will use throughout your gambling sessions, taking loans is a desperate move and you cannot assure you will profit from gambling so basically more bigger problem will arise.
2688  Economy / Gambling discussion / Re: Why is gambling so addicting? on: August 15, 2016, 08:04:06 AM
I gamble often but till now in my life I have never felt as if I am addicted to gambling,maybe because of the simple reason that I gamble in my free time and that too for fun.
Yeah that exactly the good gambler i think who doing it in your free time and having a good mood. Just relax your mind before doing gambling if you're really relay with gambling as your income not for entertainment purpose you would be broken soon after you lose your bet.
Of course being relax is part of being a good gambler because when you are relax you will easily control your self and most like you have a good chance of winning. In addition, you should have the strategy also to limit your loses and winnings so you can quit at the right time.
2689  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: August 15, 2016, 07:57:56 AM
I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.
2690  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 💰(LIR)💰 LetItRide💰 Dice Tournament LIVE💰 3+BTC in LIR PRIZES💰 Join For FREE on: August 15, 2016, 07:53:18 AM

I am really tempted to buy with the current price, guys I need some advice so I can cheap in at least 1 BTC with the current 300 satoshis price in yobit. Do you guys think that there will be a chance to double it now?
Even that small update had an impact on the price and there was a small pump,if the announcement we wait is something really good  the price will increase more for sure and you have good changes.But in the end it's your decision and risk if you want to buy or not,don't listen to anyone.
I will be gambling this time because I already lose when I buy around 1,000 sats and the price falls back hard. I need to put my money in this event since it is the first time since the dump happens that the developers have posted, it could be a great help to back up the price.
2691  Economy / Gambling discussion / Re: How about this for a winning run ($7600 made this evening) on: August 15, 2016, 07:51:43 AM
7600 usd is a good run for only one evening, if you can earn so much in the long term, you would be rich. BTW, Muslims can't gamble right? So how Allah help you? He hates gambling.  Roll Eyes

hahaha. you're right. i think the other one help you to win. Cheesy





i thought that he would give some tip of his winning profit, that's why im interested to look here. hahaha. btw sports betting is better than slot and dice game. it has a high chance of winning compare to them because being a game analyst is a big factor to win on sports betting.. congratulations OP. Smiley
Definitely, I think I am addicted in sports betting because I usually spend my time researching for a certain team before I bet them. My real dream really is to win a big parlay like 20 parlays with an equivalent to a million dollars payout. Hope that would be possible and will happen.
2692  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 💰(LIR)💰 LetItRide💰 Dice Tournament LIVE💰 3+BTC in LIR PRIZES💰 Join For FREE on: August 15, 2016, 07:44:48 AM
LIR is very cheap now i dont know what should i do,,,yeah i think just hild my LIR becouse im got minus profit...hope this price will be better...but actually i still doubt to get normal price Sad Sad
The price is actually rising now, it just drop to 100 sats before the announcement of the OP and now it is rising to 300 sats in the sell wall. I believe it will be back to normal, I really want to buy but my deposits in yobit is delayed due to wallet maintenance, very unfortunate of me, I wish I could still ride with the cheap price before it will pump again.
2693  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: August 15, 2016, 07:41:55 AM
Trying to block any of the gambling sites would be the best way and force your computer to not allow you to go on these sites on any circumstances. These is probably the best ways as it will completely stop you from EVER getting on these sites. I think there are a couple add-ons for chrome and other things that would completely stop you.


Try em and good luck!

That's a good idea to stay away from gambling, but only block gambling sites to stop you play it,
to stay away from gambling back to the reason and your determination that you already loss more than you can afford. Try to tell your friend or family to always remind about disadvantages of gambling.
it is true, but if someone is addicted to gambling would be very difficult to stay away from gambling. But if it does have a strong determination to stay away from gambling it can but it takes a long time. Always remember that gambling is very detrimental would help to stay away from gambling.
The fact is nobody is forcing us to gamble, we did it with the best of our understanding that it is a risky thing when we are doing it. We should be more responsible in gambling so we will be able to enjoy it not only temporarily but in the long run.
2694  Other / Off-topic / Re: 2017 Year of the Bitcoin on: August 15, 2016, 07:23:51 AM
Well we all have high expectations for 2017, all those predictions are reealy optimistic and I realy hope that they come to be, but I always take those optimistic predictions with a pinch of salt.
yeah same as before 2016 took place. expects many people will be filled during the year, but for now I think we have not got something we expect from 2016 right ?

2016 is the year of the bitcoin for me, because the halving is happened on this year and affect the price of bitcoin so much and for 2017, i don't think it will be year of the bitcoin if no something big happen like the halving.
Maybe this is a year for bitcoin because their increase from $400 into more than $600 but i can't say for next year the price will increasing because we know something is not happened with bitcoin after halving and it's too bad just appearing cases about bitcoin.

I'm sure next year prices will rise and better than this year. I believe because of the rise in prices next year will occur because of the adoption of bitcoin increased so that it will make a lot of people know and use bitcoin. Adoption and number of users who use bitcoin will affect the price of bitcoin in the next year.
You are talking of next year, I think there are no much improvement yet although I agree that it would be a good year next year but we are still a small community, I like us to grow slowly but steady so the community will be full of people who believes that bitcoin will grow steadily.
2695  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: August 15, 2016, 06:15:41 AM
what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.
i use both, because if i want to buy something very fast from local shop i can use my bank credit card
correctly . using both we can take advantage of each feature. bank and bitcoin has the advantages of each.
yeah i think using a bank and bitcoin wallet is not an issue. besides using both okay. there is no prohibition for that. I use both and I helped with it
Okay if a lot of people in here already knows both of them is useful for everybody and why must be a problem for every time?
For me, it is hard to spend my bitcoins without the banks to support the transfer, I usually withdraw my bitcoins in my bank account or any banks that partners with my local exchanges, they should have move hand in hand for us to experience the comfort in using our bitcoins.
2696  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 💰(LIR)💰 LetItRide💰 Dice Tournament LIVE💰 3+BTC in LIR PRIZES💰 Join For FREE on: August 15, 2016, 06:14:09 AM
Hey guys,

I've been in touch with the top 10 investors this weekend and a lot of discussion has happened in terms of how we're going to proceed going forward. There are still some minor details that need to be finalized, but ideally within the next 24 hours I should have a rather informative update posted.

It is our intention that this update will demonstrate we intend to continue moving forward with LIR and are taking actions to remedy the situation for those who have taken sizable losses due to recent events and feel uneasy about their investments.

Thanks.

This better be good.

Sounds interesting, lets see what the news is going to be. Price has shifted in the right direction over the last 24 hours
I am really tempted to buy with the current price, guys I need some advice so I can cheap in at least 1 BTC with the current 300 satoshis price in yobit. Do you guys think that there will be a chance to double it now?
2697  Economy / Economics / Re: Is it better to save money or invest it? on: August 15, 2016, 05:56:37 AM
i my openion saving is just like to put money in bank . but we can get more profit in bitcoin tonsave for more time than bank .

but saving in bitcoin is not same as saving fiat in bank. saving bitcoin it self a investment and money growing package. if you save bitcoins today there is highly chance for increase price increase of bitcoin..
but in fiat if you save your money the money will be same after ten years. so saving in bitcoin is way better then saving money in bank.

yes it is true that saving bitcoin is just like investment. you must consider also the bitcoin dump because it can possibly happen unlike fiat your savings is secure. If your savings is for future plan. you must be consider too the negative side of bitcoin because anytime it can be collapse.. just choose the most safe if that savings is for future. don't risk it here.
This is the best investment so far as we can easily make money with this in the future if there will be more people who will use bitcoins, now is just a gamble but it is better than gambling alone as you have a basis of what will possibly happen in the future.
2698  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 💰(LIR)💰 LetItRide💰 Dice Tournament LIVE💰 3+BTC in LIR PRIZES💰 Join For FREE on: August 15, 2016, 05:49:33 AM
Hey guys,

I've been in touch with the top 10 investors this weekend and a lot of discussion has happened in terms of how we're going to proceed going forward. There are still some minor details that need to be finalized, but ideally within the next 24 hours I should have a rather informative update posted.

It is our intention that this update will demonstrate we intend to continue moving forward with LIR and are taking actions to remedy the situation for those who have taken sizable losses due to recent events and feel uneasy about their investments.

Thanks.

This better be good.
Very nice effort by the developers, I think we should buy more LIR now, I can see the price is going up in yobit. I like to jump in early, I think this is an easy money from now on until it will go back to 2,000 sats.
2699  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 💰(LIR)💰 LetItRide💰 Dice Tournament LIVE💰 3+BTC in LIR PRIZES💰 Join For FREE on: August 14, 2016, 02:26:59 PM
I will hold my LIR  scam or not and am not seling under 1200 sat
We are on the same page, I will never sell my LIR below ICO price, I  know this problem will be sort out soon and I have no choice for now but to trust the developer of accept the lose of my investment but I would rather die with my LIR than sell it for a very cheap price.
2700  Economy / Economics / Re: Should I believe in Bitcoin ? on: August 14, 2016, 02:21:48 PM
no dont trust fi your coin getting stolen you cant do anything

Well I don't think your coin is not going to be stolen easily unless you are going to be careful with it. Many people are seeing the good security with bitcoin. That is why they are believing bitcoin, and if you are going to say an example just like what happened to bitfinex, well I think there are some back job that happened, I think.
Anything can happen with our coin if we are not maintaining utmost care of our bitcoins, as an investor or holder of coins it is our main responsibility to take care of our precious coins so we need to make all the necessary measures to protect it because in overall bitcoin is safe and the failure is on the holder of bitcoins and not bitcoin itself.
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