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341  Economy / Economics / Re: Why have Bitcoin instead of cash? on: January 18, 2018, 06:10:53 AM
Actually, both is good when you purchase things but a pkus to bitcoin is that it offers security. Security in a sense that you don't have to bring money with you in which your money is protected incase you get robbed. Another is the convenience, when you are in another country, you don't need to go to a money changer and have your money changed to that countries currency; this works though if the country you are in accelts bitcoin as payment. Another plus for bitcoin is that it is not only used in purchasing stuffs but it can also serve as an investment.
I think you should know the basic functions of both. Bitcoin and Cash have their own uniqueness and advantages. You can not select Bitcoin over Cash, and vice versa. You can not ignore Bitcoin and prefer Cash. Both of us need and are very important for our lives. If I think, people choose Bitcoin for various reasons. For example, like investing, we all know that Bitcoin prices are always on the rise, so people want to save Bitcoin to sell it when the price goes up. People also like to do transactions using cryptocurrency because in the world of cryptocurrency, there is no limit whatsoever for us to do transactions. However, there is a disadvantage that the price of cryptocurrency is always up and down. That is way, Cash is needed.
342  Bitcoin / Bitcoin Discussion / Re: what are the benefits of bitcoin? on: January 17, 2018, 12:11:58 AM
The benefits of bitcoin, one of which there is no taxes, the transfer fee is a bit quick, not controlled by any agency or government. Bitcoin's can be invested in the family's future, even if there is a sudden need for immediate selling in the official coin market such as the delta ether, Bitcoin. Co. Id, etc.
If we transactions through banks, there are limitations of transactions in hours and days. But, if we use Bitcoin, there is no such limitations. If we use bank transactions to transfer large amounts of money suddenly, we will be tracked and suspected. It is not impossible we can be interrogated and investigated. But unlike Bitcoin, no one will investigate and no one will care about the number of transactions you do. Everyone can use Bitcoin and cryptocurrency, there is no age limit and registering is very easy. Transactions via Bitcoin and cryptocurrency can not be traced by just anyone, that is why it is so secured.
343  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Cryptocurrencies are officially illegal to deal with in my country on: January 17, 2018, 12:06:41 AM
next up. businesses in the usa and canada who cater to countries where trading is illegal. move bitcoin to usa then sent as USD to whatever currency xxx country uses for a certain percentage. you could even camo this in ebay transactions if you wanted to hard to say if all the steps would even make mining or trading in said country worth doing though also won't work if said country closely monitors internet traffic. i suppose you could try TOR to a proxy and go that way but that's a lot of steps and a lot of cost

personally i'm hoping we don't start getting a ban-wagon with country after country stepping in. it could be what kills the upward momentum and drives crypto back to lower numbers. if that happens coins like bitcoin are going to have it hard. mining difficulty is very high and if the profit isn't there who would do it
First of all, you must know that.. Is government can completely block something? The government forbids us to steal, but there are still people who steal. The government forbids us to trade drugs, but there are still people who trade drugs. The government banned us and blocked porn sites, but every day various porn sites are created. Can the government block anything completely? The answer is no. Likewise with Bitcoin and cryptocurrency. The difference is, Bitcoin and cryptocurrency is not a criminal act. We use Bitcoin and cryptocurrency to work and improve our economy.
344  Economy / Trading Discussion / Re: Hold or Trade - Which is Better? on: January 16, 2018, 02:52:15 AM
Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains. Among these two strategies, which is better and which d you recommend?
I will not recommend anything since you are the one who will try to find what is your winning strategy. Some people bags profit only by holding. Some people also earned a lot by trading. Overall, they are both effective strategy. But how do they do that? It's matter of trading test and ability to face all the associated risks the moment they put money on crypto. Since experienced build them, they now know how to deal with the volatility on the way. Yes they still experiences losses but overall, they already gained a good winning stats.

Like I said, you must find your winning strategy in order to win. It will not give you an always win but surely you will have a wonderful winning stats if you play it right. Holding and trading are simple terms but needs some good recipes in order to make a good output.
If I prefer HOLD because trading is always involved risk between profit and loss. I do not like to take risks like that, because every transaction there must be such a risk. I also do not like analysis and do many research. I also do not like to learn about trading and always update information about it. But actually HOLD can also be said trading. If we buy and collect a certain amount of cryptocurrency, then sell at a high price, I guess it can also be called the same as trading. However there are short and long term trading, as well as HOLDING. If I am currently doing a long-term HOLD with Bitcoin and Ethereum. I guess it could also be called long-term trading.
345  Economy / Trading Discussion / Re: How do you Panic? on: January 16, 2018, 02:47:16 AM
However, you have to know the difference between panic and doubt on your decision. Example you had bought a lot of dogecoin at high price in past days. And currently, you have big loss because dogecoin dumped from 110 satoshi to below 75 satoshi, it means you have more than 30% loss in your funds and you also sold all your dogecoin at this low price, this is panic. Because you had a lot of times to doubt the price of dogecoin when its value still around 100 - 90 satoshi to minimize your loss.
I guess I'll panic if I can not collect enough Bitcoin to make my dream come true. I actually have my own fears with Bitcoin investments. I'm afraid it's not because the price will decrease or Bitcoin just disappears. I'm sure that Bitcoin's price will never go down and Bitcoin will never just disappear. I also never get panic because of decreasing price of Bitcoin in sometime in a year because I always know that Bitcoin will always increase. My fear is that Bitcoin's fee keeps increasing. I'm afraid the fee will be so much that the amount of Bitcoin can not be transferred. But I would not worry if I had lots of capital and lots of money. So I have to collect a lot of capital.
346  Economy / Trading Discussion / Re: I want to buy bitcoins on: January 16, 2018, 02:41:00 AM
There are many ways to buy Bitcoin. You can create accounts on e-wallets then buy Bitcoin as in Coinbase, Remitano. But the downside when buying on these floors is that the fees are very high. If someone near you needs to sell BTC and ETH, you should trade directly to avoid fees, because of current transaction fees, as well as trading Bitcoin, is very high, and that is also the weakness of the crypto.
Hmm, what's your goal to buy Bitcoin? Actually if you want to use Bitcoin for trading, you can buy in the market directly where they are available on the trading website. But if you want to buy Bitcoin for yourself like transactions and buying and selling activities, you can make a wallet first in blockchain.info and various good online wallet. However, I think the blockchain is the best. If in my country, there are many people who sell Bitcoin and buy Bitcoin freely. So later people here can transfer money to the bank account from the exchangers, then the exchanger can send Bitcoin to our wallet. But we must choose a trusted exchanger and already famous.
347  Economy / Trading Discussion / Re: Crypto Trading vs Stock Trading on: January 16, 2018, 02:35:02 AM
I think the crypto markets have 'true' price discovery. I also think this may dissipate with time as so many hedge funds and banks are getting into the space. The crypto markets are much more volatile than the conventional stock market with huge gains and losses within 24hrs. (Thats why day traders love cryptos)  An example of extreme price movement is when a crypto trades over the Bollinger band >8 days in a row. This is very rare in the conventional markets, but fairly common with the cryptos.

Now the conventional markets: The big banks (Goldman Sachs, JP Morgan, Citi, etc...) run high frequency trading algorithms and have been known to naked short stocks which is illegal. (But who's watching them? The SEC? LOL)  When they do get busted (which is fairly often), they pay a fine of ~20 million dollars... but they made 100 million before they got caught...
I do not really know about Stock Trading, but I've heard many people say that it's too risky. When I explain this to someone else, someone says that I should not do it. Better to find a more definite business only. Too much risk and analysis and research needed. And in my opinion, cryptocurrency is better. Although they are not much different, but cryptocurrency is easier to do. That's because you can buy cryptocurrency freely and sell freely as well. Especially with the presence of Bitcoin and Ethereum, it makes economic growth easier. Not just day traders who love cryptocurrency, long-term traders also like it.
348  Economy / Trading Discussion / Re: Day Trading (Scalping) and Long term trading on: January 16, 2018, 02:23:57 AM
Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly
If you have the big capital to trade, scalping is the easiest and faster way to generate profits in trading as most cryptocurrencies fluctuate in minutes. But, if you don't, just waiting for long-term like weeks or months for the coins to gain more value and then sell it, in most case; people waiting for months for new coins to reach a higher price. But in general, if you can't wait for months, some coins prices such as eth, ltc, dash, xmr, xrp can increases within days or weeks which make you can extract the profits.
That's right, but for short-term trading, I think it's very difficult and too risky. Better do long-term trading as you have to say above. Better we wait until a few months and even a few years to bring a definite profit. For long-term investments, I think Bitcoin and Ethereum are pretty good. But do not invest for a few months, I prefer to invest for a year and sell at the right time. Because usually at that time their prices have increased dramatically. I do not like to sell cryptocurrency indiscriminately and better get more profit by waiting longer. For the short-term, just use the new Altcoins from market.
349  Economy / Economics / Re: Bitcoin and not Paying Taxes on: January 15, 2018, 02:00:05 AM
Well, I see no reason why people don't like paying their taxes. It is always very good to pay your taxes because it helps a lot in building your country's economy. In some countries government use tax money to do new projects such as building new schools, roads, and hospitals. I don't know about you but for me, i see nothing wrong with paying tax at all. I think it's good to pay your tax if you love your country because that way you can help your country move forward. If you love your country pay your tax, period!   
Yes that is true. But many people in poor countries tend to think that paying taxes is a very heavy one. It is because many officials are corrupt and increasingly makes the poor suffer. The poor will tend to think of not paying taxes because they think their lives are full of suffering, why they should pay taxes to the government who do not help them? It should be the rich people who pay taxes. And when the poor find Bitcoin as an opportunity, they will surely make the most of it. However, we pay taxes if we can. But if we are less able or not able, we can delay it first.
350  Economy / Economics / Re: Government & Bitcoin on: January 15, 2018, 01:54:47 AM
May country already recognize bitcoin as an investment?Not all governments are against Bitcoin, many will accept it because they know that they can get a lot of money on taxes if they grow, but they will not only take care, and Bitcoin will be used for a very attractive market and only from nearby.
Governments who know how to take advantage of Bitcoin will legalize Bitcoin. But for countries that do not know how to use Bitcoin, they will ban Bitcoin because they think Bitcoin can hurt the country. That can happen because if people do transactions using Bitcoin, they do not need to pay taxes and there is no limit on any transaction. Unlike banks. In that case, it means that the banks and the government are no longer needed. And if we look further, Bitcoin can be a great investment solution for the development of a country. If the state wants to take advantage of Bitcoin, they can invest, mining, and find other ways to get rich through Bitcoin.
351  Economy / Economics / Re: Many new rich people are created from Bitcoin on: January 15, 2018, 01:52:09 AM
Yes true there are many new rich people because of bitcoin. To make your dream come true you will do what's the best thing to do in order to reach your goals in life. Today we do hear plenty of inspiring stories that they become rich because of bitcoin. They do have good strategies and techniques in investing and trading for them to gain bigger profit. All of these may come true through hard work, patience, believing in yourself and the ability and be wiser enough in taking the risks especially in investing and trading your money. Hoping that someday I will also become rich because of bitcoin.
Yes that's right, I get jealous of people like that and very sorry for never daring and willing to invest. Usually such a person can be rich because of storing Bitcoin last year. Or maybe someone could be rich because by accident, he saved Bitcoin last year and when his price jumped dramatically, then he got a lot of profit. People who can become rich because Bitcoin is the person who deliberately save Bitcoin in a long time. There are also people who save Bitcoin because he knows that the price of Bitcoin will increase dramatically as now. I myself decided to invest after knowing that the price of Bitcoin can be like today. Hopefully I'll collect a lot.
352  Economy / Economics / Re: Why did you choose bitcoin? on: January 15, 2018, 01:49:13 AM
I choose it because Im so curious about this coin I read it in my first in this forum that bitcoin will increase its value I joined here just to learn whats a digital money in first but the thing I discoverd is bitcoin will help a lot of poeple getting rich because of it so now I try to participate in campaigns just to earn a little bit to invest in bitcoin thats why I probably getting more ideas what it is.
I chose Bitcoin because I think Bitcoin is the best cryptocurrency and the development of the price is great. Kutak knows what cryptocurrency is better than Bitcoin in terms of price and price increase. The faster and bigger the rise in the price of a cryptocurrency, the more profit you get will be more. I also know Bitcoin when the price is still $ 400. At that time I assumed that the price was so much, so I decided to wrestle the world of Bitcoin and cryptocurrency. I never thought Bitcoin's price would be the way it is today. When I knew that the price was now, I became more interested.
353  Economy / Economics / Re: What will happen to the banks if people uses cryptocurrencies more than fiat? on: January 15, 2018, 01:42:40 AM
If cryptocurrencies will be the basic mode of exchange in the future, what will happen to the banks then?
Banks and governments have no choice but to borrow and implement the blockchain technology because there is a shift in the world of technology today. Very soon governments and banks are going to start creating their virtual currencies and assets. I recently read the news that Venezuelan government will launch their official coin called "Petro" it would be used for buying petroleum in the crude oil market. As time goes on you'll see the number of countries launching their virtual currencies.
People will rarely pay taxes. Because if we trade using Bitcoin and cryptocurrency, we will not have to pay taxes to buy a good. We can still pay taxes, but we have to pay them directly to the government in certain countries. We know that if the money transfer from the bank, there are various limitations contained in the system. For example, like the transfer limit on the amount of money, the transfer limit done at certain hours, and if we do transactions in large amounts of money, we will surely be suspected and questioned. In contrast to Bitcoin and cryptocurrency who have no restrictions whatsoever.
354  Economy / Gambling discussion / Re: Why people keep trying new casinos? on: January 14, 2018, 03:45:21 AM
not all new casinos are scam. running a casino is a good business. why to scam and spoil the good business?
Many new casinos don't survive their fresh year, and they might not be going to scam or ruin their enterprise deliberately. But it is still a risky business for not only players but casino owners as well. Shitty bankroll management practices or even small bankroll itself can cause a casino to go bust. We have seen that many times, and this issue draws a lot of attention and argument in the threads about investing in casino bankroll all over the forum.
Because usually, the new business will give us promotions, bonuses, and various other profit. This also applies to gambling sites for Bitcoin and cryptocurrency. The most feared thing is that you just told me. You're right about that, and that's also in my mind. So I always choose everything that long and has been proven legit because already many people who use it. I rarely and never want to use new things that are uncertain and can be scam at any time. Usually, a scam online business is not necessarily a scam initially, sometimes initially smooth and legit, but a few weeks later a scam. So I hope we become more wise to choose an online business.
355  Economy / Gambling discussion / Re: Where to advertise gambling site on: January 14, 2018, 03:38:19 AM
The best way to advertise your gambling site is to launch a signature campaign for it, so that you could easily promote it here in this forum, which have a lot of gamblers. It would be better if you have many hands that will help you to spread the news about your gambling site, for also people to easily understand or to know what is the difference if your gambling site to the other gambling sites out there, why they should play on your gambling site, stuffs like that.
a-ads.com is the best site for advertisement your site but many people don’t know about this site. Most of the people in the world use social media. You can use social media for this purpose and by this way more people will come to know about your site and hope that you will find some gamblers who will take interest in your site and those who are not interested in gambling will avoid. I think social media is best for advertisement.
I think I need to know about the gambling site you want to create. Do you want to create a gambling site for Bitcoin or gambling site? If you intend to create gambling site for Bitcoin, maybe this forum is good enough to promote it. But if you want a better result, you can promote it on various promotional sites like the ones mentioned above. For me, if you want to promote in this forum, the best way is through Signature Campaign. By using the Signature Campaign service, you can introduce your site to many people who are in this forum, who must be familiar with Bitcoin. And if you're promotion, do not just for a minute, make it long and make lots of slots.
356  Economy / Gambling discussion / Re: Is Bitcoin Trading Gambling? on: January 14, 2018, 03:28:34 AM
Trading is somehow a bit of gambling , but at the end , and in the case of a loss , your loss won't depend on random parameters or just luck . Trading can go as smooth as possible according to research and how much effort and thought you've put too , it is much more safer and you got the upper hand on your money , whether with gambling , you got no hand at all and the fate of your money is a random output that you can't control by any means on earth .
Bitcoin trading is also like gambling that you need to invest, but the percentage you earn income using trading is much higher than gambling. In terms of gambling you may earn a lot of income but you can possibly lost high amount. However, in terms of trading you can possibly earn high amount of income without any losing of investment.
Any investment you do not understand is gambling. Anything you're not sure of but you do, means you're gambling on something uncertain. That's tantamount to gambling because most gambling is closely related to luck. Conversely, if you do invest from the things you know and you learn, then you'll know that the investment you make must be profit, and that's not gambling. Unlike gambling, you do not know whether you'll get a profit or not. You can lose and you can profit in the investment, but that's only in certain circumstances. I hope you understand what I am saying.
357  Economy / Gambling discussion / Re: Do you think you are a gambling expert? on: January 14, 2018, 03:26:07 AM
The moment you convince yourself you are gambling expert is the very moment you are losing the big game and the quality of your decisions will suffer.
Agree lossing big amount of your money in a game but still can able to control your emotions, you can still handle your game and your self though you reall lose a lot of money from that game. You are not called expert if you cant handle that situation and also you cant called a expert if you tend to win back your losses because the true expert will not chase the losses instead they will continue their play over and over again.
I also agree. I think more of us are experts in a more useful field than gambling, hahaha. There are still many aspects of life and the more profitable pleasures of gambling. If you feel that you are a good gambler, then you will definitely be gambling constantly. Is not that a bad thing? If you use gambling as entertainment with family and close friends without a heavy bet, then that's fine. But if you're already betting on a lot of money, and you're doing it continuously, is not that a very risky thing? However, I hope we all know our limits and do not gamble in excess.
358  Economy / Gambling discussion / Re: It is not worth it, right? on: January 12, 2018, 11:41:30 PM
I will not completely claim that gambling is not worth it neither will the recent winner of the Super Ball lottery jackpot who won nearly $600 M. It is only worth it when you eventually win the money other than that, its simply a waste of time and money.
It all depends on good fortune and I agree with what you say that we can do much better things, many ways we can do to earn income. Gambling is a waste of time and has no benefits. Gambling is not a job, for some people who think gambling as a job then I think it's a very wrong thing. They have entered the wrong world and it is very possible to ruin their lives.
Actually I also want to get a lot of money from gambling, and I often feel jealous with people who can win that much money. But for me, gambling is still something that is not worth it. It will only hurt us no matter what. Someone is very lucky so he can win a lot of money, but if I were such a person, I would use my money to build a business and would not touch gambling again. You know what I mean? But to wait for such a victory, it is very difficult and almost impossible. So I'd better take advantage of my time, capital, and resources to do something more usefull, more profitable, and more fun. Investment, side-jobs, mining, and building websites, can be a solution.
359  Economy / Gambling discussion / Re: I always lose all my tokens and btc on gambling~ on: January 12, 2018, 11:37:31 PM
It's really easy - if you want to gamble without losing money - then don't gamble.
In addition to this stuff, he can also use the casino playmoney, like FJC (fortunejack's play money) or get it some satoshi form the sites faucet.  There are lots of casino that gives you an opportunity to try their site even without spending a single cent.  Most have either a faucet where you can claim a few satoshi and try them in Dice.

as of OP losing all his token, the decision is still up to him. If he wants to implement control, then he can minimize his loses and avoid unnecessary bets and expenses in gambling.  The good thing is, he can even reagain some of his losses every session.  This is one strategy, using martingale, it is best to bet with 200% multiplier, the reason is that you can gain the 1/3 of your betting amount after recovering the previous losses.  This needs a good approach and control.  but this will be rendered useless if greed take over.  Just a couple of losing streak and a win at the end should give you enough win for the day and must stop and play the next day.
Yes, that's what I think. Very simple and easy to answer such questions. Actually if you do not want to lose money, do not take anything risky like gambling and trading. Just do something more sure and you believe. Like me who is afraid to take risks, so I never jumped into the world of trading or gambling. I just invested in Bitcoin and popular cryptocurrency. And as you said above, to reduce or eliminate losses to gambling and trading, you can collect some money from the internet by doing various online jobs. That way you will not be afraid of loss because the money you use does not come from your salary. I myself do not like gambling so I use my side-jobs to invest.
360  Economy / Gambling discussion / Re: Which coin do you think is best for gambling? on: January 12, 2018, 11:33:39 PM
Railblocks does make a lot of sense for gambling but i think there is still quite a way to go before we can reasonably expect railblocks to be accepted in this manner.  Good old days used to be bitcoin but considering the tx fees and time it takes for bitcoin confirmation these days, its not really practicable.  For me the best and easiest today is dogecoin, its perfect for gambling not just in terms of low tx fees etc, but also the value gives me the illusion that i'm not gambling too much.  Kind of risky also, i know but hey.....it works for me.
Actually all Altcoin and cryptocurrency can be used for gambling. Because cryptocurrency is basically a currency and all currencies are only used for transaction tools only. But actually, if we see, most gambling sites that use Bitcoin as a means of payment. While the price of Bitcoin is very high today, and its fee is also so high. So I suggest you not to use Bitcoin as a transaction tool. Use other cryptocurrencies as a tool for gambling. So now our task is to find a gambling site that receives cryptocurrency other than Bitcoin. Maybe in the future there will be a lot of gambling sites that accept various cryptocurrency other than Bitcoin.
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