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3141  Economy / Trading Discussion / Re: Do you always missed the right time to sell/buy bitcoin? on: January 03, 2017, 01:51:05 PM
Yes, but whatever, At first i joined bitcoin because it was hard to get other reserve currencies in my country and it turned out to be a good investment. Overall I still think I had luck.

That's the way I think too, but even though sometimes I am missing the right time to sell my bitcoins still it is luck I guess so because the price is keep on increasing. Even I did some unusual selling of my bitcoins because I really need it for some emergency purposes still I know that in the end good fate will come to those who wait.
And mate mark my word the price is gonna be around 2000$-3000$ in coming months, it is being a technical thing you see bitcoins quantity is limited and the population is getting more and more digital and hence they are getting introduced to bitcoins therefore the demand rises suddenly.
3142  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: January 03, 2017, 10:53:08 AM
Why not cut the long wait short and invest in an altcoin because bitcoin at the moment is over the moon. :)Besides I do not see any indicators saying the price will be dropping this low any time soon!
No doubt that trading alt coin is also a good idea, but the fact is that bitcoin price is not going to drop  to such a low price, I think if some is going to wait for that price he is just wasting  his time and nothing else.

I think it will be better to invest in bitcoin even in the present price because still bitcoin price is increasing and will never drop to such level any more.
3143  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: January 03, 2017, 10:34:53 AM
It's just funny for me. I do not like gambling but sometimes I paly gambling for relax and geting out of the stress.
Gambling is really not good for anybody. it will make you poor and exhausted.


Well that is your own opinion and thats how you choose to put it. But for me, I am still of the opinion that gambling is not for fun, if I want to have fun, I can play video games PR choose to watch football among other things to do not gambling. I also holds that the primary motive to gambling is to winning and after that is not accomplished, then one later seek other motives which what you said falls into...
Yes that is absolutely right to say, I also do not favour of those people who argue that they play gambling for fun only, so why they need to put their money in risk only for gambling, there are so many other activities where you can get fun and enjoyment without losing money. They just give fake reasons for sticking with gambling imho.
3144  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: January 03, 2017, 08:29:51 AM
Trading can't really be considered gambling.
Coin trading is an investment which is meant to earn from.
Gambling is entertainment and you should just assume you're going to lose.

but not everyone lose in gambling, there are so many experienced people who are earning a good money from gambling on regular bases, they are too much professional and experience people. they know all the tricks in gambling that can lead you to success.

It is all our imagination that many people are winning money from gambling but in reality, you don't see so many winners in gambling. Gambling is not made to make money instead it is just to enjoy your free time with small amounts. Don't waste your time and money to make easy money from gambling.
Winning in gambling is very hard but having fun is the best way to do with our money, we can lose yet it's nothing to us because we were able to have fun and get the value of our money. If we feel that we do not have a good chance of winning based on our record, it's advisable to accept it early so as not to aggravate our loses. When you are having fun, you do not think of your loses as you can afford what you have spent.
There are so many experienced and professional people who are making money in gambling, these people actually know the tricks of gambling, they know the right time to add money in bankroll, they consider gambling as their main source of income and are really satisfied from their income they make in gambling.

I know one such professional gambler and he never touched trading. Only people without skills find trading similar to gambling.
3145  Economy / Gambling discussion / Re: gambling trading or giveaway? on: January 03, 2017, 08:01:58 AM
I would prefer gambling to the other two options because a giveaway can be rigged to gift ones alt account and trading on the other hand no interest in it as at now but gambling will be based on luck and pure skill and knowledge about a particular game which can reward me well Smiley

Well for me both gambling and trading but my priority is trading and sometimes if there is giveaway that actually high give away i already join and get the giveaway.. because its free.. while in gambling i am just choosing to gamble because i am gamble in sports betting .. also for trading many traders here are giving tips for their trading ways ..that honestly it can help you to have some idea.
I will only select trading, I mostly do trading in alt coins as I have some good experience in trading actually I most know about the history of alt coins, while in gambling I have no experience so I am not willing to invest in gambling for making money.

But some time I can play it with friends for free without involving any money even if involved it would be very very small like giveaways.
3146  Economy / Gambling discussion / Re: Gambling problem on: January 03, 2017, 07:33:05 AM
Weak minded people are normally ones to get addicted to gambling, drugs or more.
But people with newly found or existing emotional or psychological problems or more likely to become addicted.

So both weak minded people and those people who are into experiencing an emotional and psychological problems are the ones who are becoming addicted in gambling. It is hard to cure the addiction if they are getting addicted by that way. Because mental problems are the diseases that is hard to determine its cure.
the number of people who are addicted to gambling is larger than you can imagine. You can not criticize them all just because they are inexperienced in gambling. I do not think that everyone of them have weak mind and psychological problems. Maybe they need more time to understand what they are doing and soon they will know how to control their feelings. Then, they will all figure out the way to lessen gambling
In fact gambling become addicted when you give more importance to it and put your all expectation to it.

For every time, you try to make money and when you do not succeeded then you try again and again so you become addicted and then it become difficult for you to stop gambling in any case either you are winning or losing money.
3147  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: January 02, 2017, 08:23:09 PM
Bitcoins are a great store of value but that doesn't mean that you should never sell, look what happened to the people that used to say "house prices will never go down" they lost the lot.

Just use bitcoins as an everyday currency, buy a few things online, a debit card for in store purchases and save the rest just as you would with normal fiat cash. This really only works best if you are currently receiving your pay check in bitcoins to start with but if not there are a few good companies that will handle the trade for you each week/fortnight.
The thing is that people get greedy, they see bitcoin’s price going up and they think that it will stay like that forever which is not true, at some point the price will go down, and when it does a lot of people are going to miss their chance to sell it, the thing is that you have to have an objective, when at some point, you are going to sell.
3148  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 02, 2017, 08:06:42 PM
Its hard to tell if it would have been popular but for one well known fact  it does NOT have buyer or seller protection which makes it unpopular for users who treasure their financial protection as users would want to feel protected when using it
The protection in transacting online can be done thru asking the service of the trusted escrow in the business, everything is possible with bitcoin and the limit is only upon us. Further, there are many services online that has been operating for so long already without any problem with bitcoin as a source of payment, a few to mention is purse.io.
Well, that is the thing people don’t trust each other, why would they trust a person with a 1000$ to send it to another person, and even if the person doing the escrow is completely legit and he is not going to walk away with money he takes fees for it which is not good for some people and that is what I think drives people away from it.
3149  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: January 02, 2017, 07:56:23 PM
Since the election of Trump to the new US President yesterday, many questions about Bitcoin arise.

Will he promote Bitcoin and make it a breakthrough?
He won't.
Best thing he could do for bitcoin, is to do nothing at all. Let it grow by itself.
Goverments are not good in new technologies. Goverments are on stage of adopting internet to its burocratic process. They fail miserably most tries.
So good luck goverment doing smth usefull with bitcoin Cheesy
We can always hold our bitcoins as that is the most effective strategy so far, with the government very supportive with bitcoin we can hope for a better future but if they are not, we can still find a way to grow somehow.
Well, since the trump’s election victory the bitcoin price has been going up and that is due to the reason that investors trust that he will bring things to the table when it comes to the over whole market since he is an investor, and maybe holding bitcoin will be very profitable during his period.
3150  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: January 02, 2017, 07:27:24 PM
I would say that some of bitcoin users prefer to use bitcoin over fiat. That's would be more correct. I think it's happening cause of today's world moved on the Internet. Everything is providing through the internet now and bitcoin is created to be used like that.
Moreover fiat has a lot of issues like the cash being destroyed, lost, robbed while with digital payments with a system like bitcoins we are at least sure that we won't loose our hard earned money. Plus bitcoins are best for this purpose since no fees is taken as its decentralized.
3151  Economy / Gambling discussion / Re: Should I invest in bitcoin casinos? on: January 02, 2017, 06:37:34 PM
I never invest in casino because a friend told me that the sites that accept investment are usually made to scam later.
But I believe not all the gambling are scam there are so many trusted gambling site where you can invest your money without any fear and doubt they remain so clear in dealing and you will never find them even suspected.

So, you have to search for such trusted site and only then you can put your money there.
3152  Economy / Gambling discussion / Re: Crypto trading or gambling on: January 02, 2017, 05:28:36 PM
i think if you have good study about the crypto market then it is better to put your money in cryto trading and specially if you have good trading skill and past experience in trading it will be an advantage to make money in trading alt coins. in sports game you still need a good luck to let you win your bet.
I will also go with trading, as I have spent so many time in this form and studying alt coins therefore I can say that I have good study of alt coin therefore trading alt coin will be a good decision for me. while speaking about gambling I will like to say that I play gambling for fun and enjoyment.
3153  Economy / Gambling discussion / Re: Gambling for a living or a living for Gambling? on: January 02, 2017, 03:58:09 PM
Surely I just gamble for fun and I am gambling for living Wink .I mean its a part of my life but I seriously wonder if anyone is here who lives to gamble lol ?
Yes there are some pro gamblers who lives on it. And they really depend on winnings. I know some and they actually have people who works for to play in gambling. It's a way of living for them and they earn a lot especially in slot machines. For me, I just enjoy myself in gambling and not to make a lot of profit from it.
Yup you are right there are some gamblers they will live for gambling, and for them, this gambling is the main source to run their life and family. I don't know how they will make money from gambling. For me, this gambling is just an entertainment game, and I will not live for gambling. 
In fact the number of such people can be rare, but still there present such people who totally depend on gambling for living, they consider gambling as their job and profession.

But  it is also a fact that such people have  good experience and skills of gambling,  the have learn all the tricks of gambling so they can easily defeat you in any format of gambling.
3154  Economy / Gambling discussion / Re: Dice Games Are So Much Fun on: January 02, 2017, 08:12:22 AM
The beauty of the dice is not about the odds or house edge. It is the system that allows you to adjust the multipliers so you can decide the prizes as how you like. Some people to play for little rewards but high chances, some prefer low chances with high rewards. So dice is able to reach out to a large audience.
Yes for those people who have limited money for gambling and want to spend more time in casino playing dice gambling because it is the good option for them as they can set their bet as low as they want and can continue for a long time, it also reduce the chance of losing a big money in short period of time.
3155  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: January 01, 2017, 07:15:12 PM
Yes we need to overcome our fear of losing money because if we did that then it would be easy for us to stop worrying on our losses and just focus in recover those loss. If you overcome your fear then you will be more comfortable on doing a certain kind of things. Don't be afraid of losses because losses are same as lessons which can help you to be a stronger and wiser person.
If you want to become a great trader then you need to be broad minded and always prepare yourself mind to admit the lost you made in trading, and not to lose heart, you have to continue with your own strategy and always thinking about how to change your trading into profitable trading.
3156  Economy / Trading Discussion / Re: Is it possible to buy really large BTC amounts? on: January 01, 2017, 07:06:38 PM
Actually, last time i bought 10 to 12 bitcoin from trust able exchange before the halving. But now i have been sold them, and still i have not bought a big amount of bitcoins since when. But i think it has no problem to buy a big amount of bitcoins, only need to think to be-careful about the exchange, where you want to buy the bitcoins.
yes that is necessary to use a trust able exchange for buying bitcoin and specially if you are going to buy a big amount, as it depend on you that  how much bitcoin you can afford to buy. there is no restriction on buying any amount of bitcoin .
Even if you have the enough money to buy a large amount of btc it is still very hard to find a good supplier that is willing to give that amount, the only way you can do that is by buying for different exchanges and then summing up to save them securely, but still it is not a very profitable way to do so because they sell at a high price.
3157  Economy / Trading Discussion / Re: What’s your hidden reason for becoming a trader? on: January 01, 2017, 06:59:28 PM
My reason is not that hidden or not common because we already know why we become a trader and that is to "earn money". No one will be interested in trading if no one can earn from it because it will be just a waste of time and it will become useless for the people or the economy to still have that trading sites or markets.
No doubt that the reason for becoming a trader is to earn money, but many people quit when they lose a few times, and others think that is a very complicated thing, which is not when you learn the ropes, so my advice is to learn more about trading and start trading with a small amount and gain experience from losing , it does not matter if you lose a few times but is a part of learning.
3158  Economy / Trading Discussion / Re: How and where do I store my bitcoins? on: January 01, 2017, 06:17:26 PM
I have less than 10  in localbitcoins and about 5 each on BTCC and their justpay wallet.

I don't trade actively, just buying around 1 coin every week or two since a few months ago.

Should I be considering some secured wallet?
If you are just purely buying bitcoin every week and dont have intention on trading or investing it then you must really purchase some hardware wallet so that your bitcoin would be safe and it on all of your control and you should not put it on web wallets because its too risky because you didnt posses the private key.
Yeah, if you want some secure wallet then hard ware wallets is the best and don't ever trust web wallet because there is a high risk by using that. Or if you want some cheap and high secured wallet then paper wallet might suit for your needs because you just need to create a paper wallet document then print it and keep it to a safe dry place and there you go, You have a cold storage for your bitcoin and you can store bitcoin as many as you can.
Hardware wallets are not that safe in my personal opinion, there are risks that your pc could get infected with a virus or a malware, which then he will use it to steal your private key and take all your balance.

Currently I am using online wallets like Xapo and Coinbase, I feel better with them as they have a SMS verification when someone tries to log on from a different IP.
3159  Economy / Gambling discussion / Re: Bitcoin gambling idea on: January 01, 2017, 05:58:33 PM
Well good ideas guys and gals, but it seems that OP is no longer here to even talk about the proposals you are all discussing with him. For sure if he does want to use any of your idea's he'll not let you know and just use it for the sake of saving 0.015BTC for your super wonderful unique gambling idea.
Actually this thread should go on like this because there are hundreds of people who think of ideas for making a gambling site and this thread would be really useful. In fact when I won some big amount last time then I myself thought of making a new innoavtive gambling site, so pretty useful thread imho.
3160  Economy / Gambling discussion / Re: Do you care about bonuses on btc casino ? on: January 01, 2017, 09:28:43 AM
I guess if wagering will be removed even small bonus i will be care about that offer but since that wager is to big im not really after those bonuses because its hard to complete you needed to read rules and regulation to make sure about how to earn it.
Yeah sites promote things like double your deposit and such while the actual intention behind these promos is to block your money which you initially deposited also. Though there are some cool sites like directbet casino where they give you bonus separately and it does not affect our deposited amount.
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