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2781  Bitcoin / Bitcoin Discussion / Re: For what was Bitcoin created? on: November 13, 2016, 02:31:14 AM
Actually bitcoin is one of many products of block chain technology and is not just a currency but an invention for making the money for the people and take the power from governments in printing money.

Bitcoin was there to grab only someone invented it.
You are talking about bitcoin as if it was a natural resource someone just grabbed form the floor and took advantage of it, this is not the case Satoshi must have spent innumerable hours thinking about how to make bitcoin work.
2782  Economy / Speculation / Re: BTC keep rise again... on: November 13, 2016, 02:28:32 AM
If bitcoin rises higher than $1000, lots of people would have a happy Christmas time Grin

Even $1000 milestone looking pretty hard but that is still possible to get this one. I also would to see this happening again on this time phase because it is more similar to get rise to the moon.

Sure thing that all of us will have a very merry merry Christmas if the price of bitcoin will reach $1,000. Even though it's kinda doubtful, that the price is slowly increasing but still let's just believe that bitcoin will able to reach the price of thousand bucks before or after the Christmas eve or the end of year. Let's keep on helping the adoption.
I also wish on Christmas Day later bitcoin prices will reach $ 1,000. But if you see the price fluctuations may be more difficult to achieve such price bitcoin. Perhaps on Christmas day later bitcoin prices still will approach $ 1,000. Fluctuations bitcoin requires a process, so it's better to enjoy a rise in prices of existing Wink
We can expect a rise in Christmas since bitcoin tends to do well in this particular months of the year, but 1000 dollars per bitcoin seems to high maybe 850 will be the max, since I think we are going to hit 1000 until autumn of the next year.
2783  Economy / Speculation / Re: Is the best investment holding your Bitcoin? on: November 13, 2016, 02:18:40 AM
Holdig your Bitcoin is best but instead, investing it in Altcoins for trading in short term basis is much better because you can gain more profits from Altcoins.

That's a risky, you can earn 500% after a year or more with altcoins if you bet in a solid one or you can grow slowly your bitcoins.

Isn't easy to predict the best strategy here, maybe spliting the money in 2 or more strategys can be the best option.
Well, that is the risk with altcoins and if you are going to invest in them then you will have to learn to live with that, holding only bitcoin is great for those that want lesser risk since its the strongest crypto, for those who want more profits then investing in altcoins is the way to go.
2784  Economy / Speculation / Re: Bitcoin price to hit $1000 around June 2017 on: November 12, 2016, 03:40:27 AM
I would like to see a 6% increase every month (on average), but its difficult to maintain this. It will depend on new users wanting to use bitcoin as a payment method or as storage of value.
It also depends on the amount of transactions which are done by the people that are already in the bitcoin economy, since the bigger the amount of transactions means the currency is being used and its healthy, also the price is dependent on the development of other coins and the economic and political climate.
2785  Economy / Gambling discussion / Re: Why is gambling so addicting? on: November 12, 2016, 03:35:18 AM
Gambling is very addicting because of the fun that you can have with it, its nice to gamble and because you can win money and also just play the game its addicting.
Money is making people blind like in the most cases.
Money is the root cause of all evil if you are addicted with gambling, there's no way you can win in gambling if you are not too focus. You need to give time and once you are addicted you are not making a good decision and you rely only in your luck, we know luck will not give us a win in the long run.
I do not agree with the statment you said "you can win in gambling if you are not too focus".
Gambling is based on a pure luck,no matter what you are betting on,either sportsbook or a dice,it is still based on a pure luck,you dont need to be focused to win or unfocus,doesnt matter at all.
Sometimes you really win but it does not guarantee you to win in the long run. In a matter of time you will still lose, winning temporarily will only give you small winnings and you are happy temporarily but still you will end up losing big amount of money.
I think the fact that you can win some but always less than your losses is one of the strongest reasons of why gambling is so addictive since people are always chasing, trying to get their lucky day.
2786  Economy / Gambling discussion / Re: Giving up gambling is not easy on: November 12, 2016, 03:31:41 AM
giving up gambling is like a necessary evil that you have to do it. whether you like it or not.

it is obviously hard especially for those who are extremely addicted to gambling and are in debt up to their necks because of gambling and all the money they have lost in it.

but good news is that gambling addiction is a known problem and there are even support groups for that to help you give it up.

Yeah gambling addiction is so common right now that it would be easy to find professional help in case you need one. But it would be a lot better though if it starts with the people close to the person. I think it's rare that it would come to a point that professional help is required as having your family and friends around can be a very big help if you want to quit gambling. Of course there's the part of the person himself and how bad he really wants to quit.
I disagree with this any addiction must be treated by a professional, the help of friends and family members is necessary but a professional will be able to dig deep into the reasons behind this addictive behavior.
2787  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: November 12, 2016, 03:28:56 AM
I play mostly for the fun I get out of it obviously if a get a profit on top of it I'm not going to refuse it but playing a game like poker where you need to figure out, what kind of cards your opponent is holding is very intriguing to me.
2788  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: November 12, 2016, 03:25:13 AM
Nope and I doubt that anyone really is. The people who are rich from gambling supposedly, the don't keep their earnings for long. Trust me, I've seen too many people waste their gambling earnings away on hookers and drugs, or just keep on gambling it and losing it eventually. So I'd say that if you want to gamble only do it for fun, because it is not worth it to do it for the profit.
By definition if they are rich then that means they must retain their earnings if they don't then they are not rich,losing their money is a thing that happens to most people that get their hands on easy money.
2789  Economy / Gambling discussion / Re: Is betting a good choice for a newbie? on: November 12, 2016, 03:15:48 AM
Actually it depends on your skill, if you like to watch sport and like to update the news about sport then it is a good idea to bet on sport, because if you master the betting you can earn money faster than investing, but if you dont know anything about sport then dont waste your money
Even if you are good at it betting at sports betting there is no way to earn the same as in investing for the simple reason that there are not limits on your bets unlike some sites since only on the biggest sites will allow you to make really big bets.
2790  Economy / Gambling discussion / Re: What is the more risky option? gambling in casino or joining HYIP? on: November 11, 2016, 04:24:26 AM
If you want to earn money none of those is a good option but if you really cannot pick any other option but those 2 then I will pick gambling since at least you can get some fun out of it, while with HYIP you will just lose all your money.
2791  Economy / Gambling discussion / Re: Is betting a good choice for a newbie? on: November 11, 2016, 04:22:10 AM
Nope, since you could get some nasty habits that could hinder your ability to undertake other endeavors like trading, you could catch habits that will not allow you to develop your skills or have the patience to succeed
2792  Economy / Gambling discussion / Re: Which gambling website do you like the best and why? on: November 11, 2016, 04:19:47 AM
There are a lot of casinos but I like directbet by the looks of it and I like fairlay because most of the time it has the best odds in sports betting
2793  Economy / Gambling discussion / Re: Gambling vs Betting on: November 11, 2016, 04:15:51 AM
There is no way to gamble without placing a bet in fact that is the very definition of gambling you put money behind a certain outcome and then wait for the results if its favorable you win a certain amount of money, if its unfavorable you lose your bet.
2794  Economy / Economics / Re: Passive Income on: November 10, 2016, 02:21:08 AM
Passive income means income that comes with little or no work and I don't think that there are any legit passive income opportunities out there that require little to no work. If you want money, work for it.

I think the best that we can come up with in terms of Bitcoin passive income is investing in a Bitcoin casino bankroll. But it is risky as hell, and you should watch closely what's going on around your money thus invested and be ready to withdraw it instantly. Some exchanges might also offer a small interest on the funds if you keep the money in your account, something like a few percentages annually.
I will not keep my money in an exchange with the amount of hacks and stuff, I really don't like the idea of someone else having control over my money instead of me.
2795  Economy / Economics / Re: How would you double $100,000 safely? on: November 10, 2016, 02:14:09 AM
I have $100,000 to invest but want to safely double it in a year. Any suggestions?

you may invest it to real estate/land, large companies' stocks like microsoft, google, disney, etc or you can holding bitcoin until the price go to moon again.

I think which you give the option, in this, Land is better and also he has a big amount to invest, but stocks exchange is just like Altcoin trading, But in my opinion, now he has come in bitcointalk, so better is that just choose the bitcoin, actually, in bitcoin letter bit risk, and bitcoin is more safe-sound way, So choose the bitcoin, may be in future, You realize bitcoin is more better than others.
Investing in land or real state is a very safe option but it no easy to double your money in it, since the safer the investment the less money you get, and the bigger the risk the greater the return.
investing on property sometimes give you big profit if you just got a good properties and trying to sell it back at high price because it's all worth it for the buyer,especially if you buy some properties from a developing region and in few months the region gain its good economy and your property's value increasing
You are correct in that but you must remember that real state is not cheap at all and you need a lot of capital so that is a great obstacle unlike bitcoin in which you can invest almost any quantity you feel comfortable with.
2796  Economy / Economics / Re: Tell me your predictions about Bitcoin on: November 10, 2016, 02:06:03 AM
Well it does look good seeing it grew at the $700 to 750 range from the 650 to 700. It will be more like this happening in December seeing the holidays coming and many might use their coin for buying gifts.

If I am not mistaken, last year, when the holidays enter the price start to climb until January. So I am thinking that we will be having a happy holiday this time. Maybe we will see the same price hike just like last year if it repeats again.  Smiley
Bitcoin has a tendency to do better during holidays if you add the current uncertain economic climate I think we are going to see an even greater rise in bitcoin at the end of this year

I am also sure that by the end of the year will be more expensive than Bitcoin. And in 2017, its price will also continue to grow. Therefore, it is too late to buy Bitcoin for investment
It depends on what type of return on  investment you want to obtain for example if you want the huge returns that happen when bitcoin was worth ten dollars then its too late for that, but as long as you want  a good investment then bitcoin can be good for you.
2797  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: November 10, 2016, 01:59:59 AM
If at some point bitcoin could reach a price that will allow us to buy a house with it is very likely that the seller will just accept or bitcoin without the necessity to convert it to fiat money, besides you will face less fees.

I think by the time the State establishes a tax on transactions with Bitcoin
I don't see how could a tax on transaction been implemented since you could always be transferring your bitcoin to a different wallet and even if somehow that could be possible you could have your bitcoin in a hardware wallet and then pay whatever you want by giving the wallet itself without any transaction taking place at all.
2798  Economy / Economics / Re: Invest your bitcoins. on: November 10, 2016, 01:53:18 AM
i think its good time to hold your bitcoin because are going to increase more and more and i also hold my bitcoin for the future and i am sure i will be get a big profit from bitcoin in the near future from bitcoin.
Right now with the current economic and political climate I think you are correct in stating that right now the best thing to do is to hold your coins and at most investing our coins in very safe investments.

I agree that holding bitcoin until it increase in price is a good way of trading strategy.  This is somehow a conservative approach but I think it would be better to find a good investment company in order for you to grow your bitcoin while waiting for it to increase in value.  This you are multiplying your bitcoin value before selling it at a designated price.
A very conservative approach but the most effective way to make money in the future. The price of bitcoin now is rising again so this could be very helpful for our investment and hopefully we can more income in the future when bitcoin's price will continue to increase.
Yeah, I don't think right now is the time and place to do some wild bets and somehow hope for the best, while a conservative a approach is not the most exciting is a sure way to make your investment grow.
2799  Economy / Economics / Re: Passive Income on: November 09, 2016, 07:08:34 AM
my passive income is from this forum, which i am earning through signature campaign, giving skill work for bitcoin and some time doing sports betting on sure matches. Now after joining this forum it has give me the financial freedom
That is not really passive income since you need to work for it, passive income is income that comes to you without doing any additional effort, passive income is the holy grail and as such its very difficult to get.
2800  Economy / Economics / Re: How would you double $100,000 safely? on: November 09, 2016, 06:56:23 AM
I have $100,000 to invest but want to safely double it in a year. Any suggestions?

you may invest it to real estate/land, large companies' stocks like microsoft, google, disney, etc or you can holding bitcoin until the price go to moon again.

I think which you give the option, in this, Land is better and also he has a big amount to invest, but stocks exchange is just like Altcoin trading, But in my opinion, now he has come in bitcointalk, so better is that just choose the bitcoin, actually, in bitcoin letter bit risk, and bitcoin is more safe-sound way, So choose the bitcoin, may be in future, You realize bitcoin is more better than others.
Investing in land or real state is a very safe option but it no easy to double your money in it, since the safer the investment the less money you get, and the bigger the risk the greater the return.
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