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3841  Bitcoin / Bitcoin Discussion / Re: Perceptions about Bitcoin on: May 24, 2017, 07:12:32 AM
So a couple of days ago, in a bloggers group on facebook; a guy asked what is bitcoin? And I was quite amazed to see that many people start commenting and saying stay away for bitcoin, its black currency, under world currency, or dark web currency and stuff like that.
Obviously the people who were saying this didn't know about bitcoin and have probably heard the same from someone else, but this is the perception of many around us.
What can be done to change this? Make BTC more user friendly? More appealing to general public?
Just let the bitcoin to get more popularities so it will be enough for them to shut their mouth up. Those people are keep saying that stay away from bitcoin because they didn't earn good profits or they didn't get bitcoins for a lower price so they are spreading negative thoughts so they will have a hope for the price to go down. We don't need them because someday they will come and reach to us and they will beg for our help to teach them on how to use bitcoin.

Well, there's nothing we can do about these matter. We just need to wait and see what will be their reaction if a news came out and realizing they are wrong. Mostly, they say these things because they do not really know what bitcoin is, all they know is that bitcoin is used in such activities and they might distance their selves from it. We just need to ignore them, nothing will change even if they say something like that,we know the truth.
3842  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: May 24, 2017, 05:50:55 AM
i doubt it.
criminal activities were happening even before bitcoin. for example the ransomware that everyone is talking about these days have been around a very long time before bitcoin was created!

and besides since bitcoin doesn't offer real anonymity it can not really help the criminals as much as things like hard cash helps them.

Criminal Activities are always happening in the world, it is done everyday in our world. And with bitcoin, it is more easy to do some transactions to buy something without knowing who you are and where you are. I think they are not using bitcoin, but they are more like abusing the use of bitcoin.
3843  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: May 24, 2017, 12:30:30 AM
As of bitcoin performance right now and the price is really huge and expensive if this will continue till the end of the year maybe bitcoin will be at $3000 dollars or more but wait also bitcoin can be use to other things now like in airport they acccepted bitcoin payments now only for parkin this is great news however maybe this will be implemented on other country soon.
to me i think if the price of bitcoin will continue increasing then the price of bitcoin is expected to cross the 3000 USD level even in next few days. and at the end of the year 2017  it is expected that the price of bitcoin will reach to 5000 USD level at the end of 2017.


It is continuing to increase, yesterday, the problem is, we don't know if these is just a bubble or not, I am not thinking that it is a bubble, what I am saying is we are not sure. As you can see, the price are now decreasing, it is going back little by little to normal, but it is still a high price for me. Having a price of $5000 at the end of these year, for me is a bit overpriced, bitcoin is a digital currency so I think it has it's own limit.
3844  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: May 23, 2017, 10:30:46 PM
Its absolutely wrong decesion.Don't use bitcoin for purchase any drugs.

Well, even if you say it, you can't stop everyone who buys it using bitcoin, and I don't think that they will still continue doing that as long as they can, and as long as they are not arrested. Bitcoin is a digital currency which is ideal for these kind of transaction, but, after these transaction, I think the face of the buyer is revealed in public and can make him or her in danger.

Especially when it comes to teenagers, they will be doing what they want, and they will be really unstoppable as long as they want it and love it. Even if their parents are tightening their ways so their children will be more far away with these activities, they become curious and more likely, they are the ones that being involved in most cases like these.
3845  Bitcoin / Bitcoin Discussion / Re: How do you convince people into you using Bitcoin? on: May 23, 2017, 04:30:39 PM
Well i can convince people easily because bitcoin have so many proofs in their website also in the users of it many millionaires using it as of today.
 Smiley

Bitcoin has no website of it's own, so I think that makes me curious. I am not convincing any people to use bitcoin, but I want them to know that they are a good digital asset that may give them profit especially when saved for a very long time. As a proof I can let them see a chart of its price, past from the future, after that I will stop there. I will leave them on their own, because I know that they can do it alone after that.
3846  Economy / Economics / Re: Future of Bitcoin Economics on: May 23, 2017, 02:54:23 PM
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
I imagined that the bitcoin in the future will worth 5000$ . The worth of bitcoin now is rapidly increasing because of it's power.
Bitcoin might not be rising because of its power alone,we are seeing more investment in bitcoin ,that is true,but it makes no sense to make any blind prediction right now because you never know what the price would be one week from now.I am just riding the waves and looking to make a good investment in alt coin right now.

Bitcoin's power is just making people attracted to it due to it's high price and high price alone. People who wants to get a good profit, try to invest their money in this digital currency, so we can't say that it is the power alone. Remember that, the higher the price, there will be more user, and obviously, high demand.
3847  Economy / Speculation / Re: Sell or wait? on: May 23, 2017, 09:52:42 AM
I will not sell my bitcoins right now as I am hoping for higher profits and for that I need to hold my coins more longer as present increase in price clearly indicates that we will be witnessing very high price in next couple of months and when it happens I won't hesitate in selling all my bitcoins.

As you can see right now, the price is unstoppable, it doesn't stop and still keeps on pumping. It's just like almost a year since I saved these digital currency and it is been almost tripled price the first I came here, as I can remember, bitcoi  was just like $625 per coin, and now it is exceeding $2000 and still increasing. But unlike you, I dont plan to sell mine, who knows, it might get higher.
3848  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: May 23, 2017, 03:44:14 AM
Yes bitcoin is a very good source of opinion and stout people who dare to leave work and move because it contains bitcoin. I also believe that the mass containing bitcoin in their free time is like a person who works as usual.

good source of opinion and stout people? I don't get that, but that ia actually rude especially to someone who is really active here. We don't really care if they want to earn bitcoin as here, but as long as he is not doing any wrong or making any activity that will break the rules, he will be still here. And earning here as a part time is really good.
3849  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: May 23, 2017, 01:27:10 AM
Yes.
Bitcoin is a internet money which we can use it everywhere. Smiley
It's money because anytime you can exchange it to fiat and enjoy the money. This type of money is more valuable that fiat for us because the value is growing and it gives us a good return of our investment. Not most of the people knew about bitcoin so I am expecting the moment they know it will create big demands and will eventually increase the value.
I agree with you bitcoin is really a money because when the value of the currency increase you then eventually convert it and turn into cash which will you used anywhere and its really a good investment to everybody because it only depends in you if you will convert it easily to cash or live it as it is and also considered as savings as well.

Bitcoin allows us to buy anything by exchanging it either directly or by selling it to fiat so if we can buy any thing using bitcoins then there is no difference between real money and bitcoins as the main purpose is to spend it like other currency and bitcoin is best currency when it comes to online shopping.
Well, we can use bitcoin as a transaction tool, even today bitcoin prices are rising at a very high price. It can make you buy whatever you want if you have enough bitcoin. Well, I think bitcoin has function as money when it has price.

I still don't think bitcoin is a money, it may be used as a transaction tool as what you had said, but if you think about it, monies are centralized, not like bitcoin which is decentralized. I think the word currency, in digital currency doesn't mean money, but means that it is fact or quality that it is being accepted.
3850  Economy / Gambling discussion / Re: Where and which part of day do you gamble? on: May 23, 2017, 12:58:48 AM
I am gambling usually at day time. In the evening I am not at home and I prefer to use desktop computer because I feel much more confident with home network. Also. I am at home all day so I can say that I gamble all day long.

I find it better to gamble at day time because I prefer to have a mood with lights. I don't want to gamble at night because it will only give me hard time to take some sleep especially when I'm going to lose big amount of money by that night.
Well in my own i am gamble midnight that all my children was sleep.. and no interrupt while i am gamble..
I have 4 kids that honestly they are too nasty in day..
And i don't like to know that i am gamble because they can be addictive in the future if they know to gamble..
It's good to have concentration when gambling because it will give you a good chance of winning, it is not all about the skills only you also need to attract that luck for bigger chances. For me, I have my kids with their mother so anytime of the day I can gamble and honestly it does not change any of the previous outcome, I still lose but I still have fun which is important.

I think you must be really careful man, you have a wife and kids, if you will be gambling your money, I think it is better to save them and and plan a good future for your kids, as you know, planning a future and putting your money on your kids is also a good investment, and it is the best investment a parent would ever participate. I think you do not need to concentrate on your gambling, but on your kids.

I understand that you are taking gambling as an entertainment, as a stress reliever maybe, it is not wrong, but you must focus on your kid's future.
3851  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 22, 2017, 11:01:06 PM
You may never know, the price of bitcoins may go down just as any other currency, I believe without a doubt that people will start to sell their bitcoins then and they will do so hurriedly so that they dont even lose more money.

That is right, we don't know what might happen, and it might really go down, but the thing about dumping is, they don't use that moment to sell their bitcoin, it is actually the reverse, they mostly buy bitcoin again because they know that they mightnot see again that dump proce, as predicted, bitcoin will be increasing it's price again and again, breaking it's own record every week.
3852  Bitcoin / Bitcoin Discussion / Re: Will bitcoin be used to support terrorists? on: May 22, 2017, 02:02:47 PM
Obsolutely not it will not support terrorist because obvioulsy it is illegal when that happened probably it will be banned all over the world but luckily the bitcoin can be use by terrorist to have a transaction all over the globe easyli using bitcoin thats illegal but not illegal having a transaction in bitcoin.

Bitcoin is a digital currency that is been used by.many people online which gives you anonymity and decentralized currency. Anonymity, which makes it more ideal to be used in illegal activities. Bitcoin is been used in the past in many illegal activities, but still bitcoin is still circulating a country's blood. Even if bitcoin is used in such a way, bitcoin is not in the wrong, the user is the wrong one, not the bitcoin.
3853  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: May 22, 2017, 11:11:23 AM
The best way to turn gambling into profitable activity is to play skill-based games (like poker) against real people. First, you will be able to increase your chances by playing well against weaker opponents, and second - you can read their faces to get more information. Together it will give you an edge over your opponents and will turn your Expected Value positive, which means that you will have chances to be profitable over the long run. You can also try betting on yourself while playing some online games like CS:GO or DOTA 2, there are services that allow players to challenge each other for money.
yes that  is too much important and through this way we can even get a good profit on long term. as there are some gambling games like sports games, car racing and horse racing where we have the change to use our skill and experience where our analysis also worn and we can really make good profit using these tools in gambling games, but still the element of luck is always there, which can change your result any time.
Choosing the right game is very important because this is gambling, your chance to win is when you have an edge over the other and we all know that gambling with house edge will beat players in the long run. For gamblers who aim for long term success, never choose a game with house edge, it is only good for entertainment and nothing else, that is just my opinion but if one wants to make big instant money he can try his luck with gambling.
House edge games are too risky to play and more entertainment. Here we get only fun no returns. So don't get excited when you playing in casino games just invest how much you can afford and have fun. You want to make money in gambling then best play only skill games what you like it may be poker game or sports betting or any other card game. Play seriously with using your all strategies your winning chances will be high in skill games.

Well, that makes sense, if you really want to make money out of your gambling, you better take it seriously, and you really must play a game where you know much and not really relies on your luck. Sports betting is good one because you can always stake your money with a high possibility of winning. If you want casino, I think you must really know how to do pokers and stuffs.
3854  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: May 22, 2017, 09:43:56 AM
I think for about 10 people are asking me about bitcoin. On how they can earn money on it and the process. Even my family are already knows that I earn money thru online. So they become interested and my friends here.

Some people ask me about these bitcoin whenever they asked me the thing I put my money in. I just to them that it is a digital currency where I invested my money on. They be just like, ohh  ok. And tell them I am earning some big profits from it especially when the price pumps, after a month, they're now asking how to earn it without buying it.
3855  Economy / Gambling discussion / Re: Gambling problem on: May 22, 2017, 12:05:24 AM
you're right but the problem is if you're gambling for the winnings, big chance is that you're not going to get what you're gambling for. yeah there are success stories abiut gamblers making it big but the bust stories are a lot more common and it affects the gambler more than winning. it ruins lives. those are for people who never had the control to know their limits.

It ruins alot of people and Im one of them. I let it ruin me until the point that I almost had nothing left. Therefore thanks to that incident now Im atleast awake from that nightmare. Now I can control myself although Im still gambling but I wont be ruining my life like before again, I wont lose alot of money when I gamble now

Since we have experienced the same thing then I suggest you to sharpen your talent even more in gambling, a successful gambler is a person who can rise up and never give up, in which case you are seen to be playing carefully, but actually that all you need is to write down every game result and profit in paper every day. This is no longer a problem, but is the opposite.
Gambling is risky by nature so you must ensure you are doing it properly, make sure you keep track of your record so you will know your performance in gambling, if you are serious you have to carefully monitor your performance so in that way you will know if you can still continue or not.
There are times that you need to stop when you feel you have no chance and you are enjoying, if that time will come just do the right thing and stop.

If it is risky, then why are you suggesting to fix ourselves and do gambling properly? Come on, many gamblers wasted their money and their time in gambling, nothing good came up with that, that is why it is wasted, why not invest their money in something that has a risk, but has a high probability of profit, like trading, investing, or maybe building your own services, you can always offer your skill, don't focus on gambling.
3856  Economy / Web Wallets / Re: Bitcoins in wallets whose passwords are forgotten on: May 21, 2017, 10:30:49 PM
Can you tell me that what will be the result of those bitcoins which are in the wallets whose passwords are forgotten? Especially I am asking about the wallets of blockchain.info wallets.

They will be stucked there unless the owner of that bitcoin use it again or a person got the wallets private key amd use it. Either way, that wallet will be just there, no ona can open it, so I think that useless and that will be deducted to the 21 million bitcoins that will be used in the future.
3857  Economy / Gambling discussion / Re: Why is gambling so addicting? on: May 21, 2017, 08:32:56 PM
The thrill of the unknown.  Don't know if you're going to win or lose. 

Well, most people want a good and cool adventure where they need to hold unto their luck and their courage. But it differs from gambling, if you gamble, mostly you don't think that you will lost,  and you deny yourself that you are losing. You still continue eventhough you know you had enough and your family are struggling how you act and how you doing tou yourself and your own family.
3858  Economy / Gambling discussion / Re: If today was your last day, would you gamble everything? on: May 21, 2017, 02:31:31 PM
If today is my last day to gamble I will surely win.
If I saw I have the luck today I will gamble everything I have,but I have to know when to play or not.
Its important to win the game because time is gold.
I will not waste a time this time to win my last game.
Then how you assured that you will win on the last day ? It will only make you expectations to gamble all what you have left. Playing gambling for the last time or day is a waste of time you will not be happy when you won .Memories with your love ones in the last day of your life is more important to them and to you for the sake of money and fun .it is the last worst day to gamble everything you have.

Well it is his last day, if that what he wants, then he do it, we have our own ways to satisfy or spend our last day on earth. I don't think I will be gambling my money, I would rather list the things that I want to before I kick the bucket, like travelling the world, have a Japanese girlfriend and having a good kids.
3859  Bitcoin / Bitcoin Discussion / Re: we need to stop using bitcoin and start using... on: May 21, 2017, 11:31:41 AM
... satoshi instead (click-bait master)  Cool

today someone came to me saying how he was regretting not listening to me and investing in bitcoin. apparently he checked the price this morning Cheesy
and he continued that now it is too late since he can not buy 1 whole bitcoin.

i had to sit him down and have the "talk" with him about all the 8 more zeros that come after the 1 whole bitcoin and the fact that he can choose (almost) any of them and put a number and buy there.

that is why i think it is time to start using the smaller units for bitcoin more often.

i myself prefer Satoshi over all. but there are a lot of them.

most popular:
mBTC= 0.00100000BTC
uBTC=bits= 0.00000100BTC
satoshi=0.00000001BTC

more here: https://en.bitcoin.it/wiki/Units

Jinx! Someone also talked to me about this, he also want to invest and bitcoin, but he missed the train to a good profit. I said there are a lot of ways to earn bitcoin, but if you are really decided to buy, you can buy smaller units, not all sellers sell 1 bitclin, they also sell bitcoin on mBTC.
3860  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 21, 2017, 10:17:16 AM
Bitcoin is a good investment. When you have 10 btc in your account then after a months or years. Your bitcoin will double the value or tripled. And maybe in the near future 1 bitcoin will be equivalent into million.

I think that is a record breaking price for a bitcoin, but I don't think that it will never reach that high, $20000 may be the highest price of bitcoin and it wil never go high more than that. And I think before we ever think of the price, I think we need to think of the transactions that is not still yet confirmed.
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