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4341  Economy / Economics / Re: Make money from money on: June 02, 2017, 08:54:25 PM
What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?

What are the factors that make these people successful in their investments?

Wise thinking and good decisions are good key factors for succesful investments. Even if you have billions to invest you might loss it without good key factors. But im amazed by those people who rose from nothing to something.
When having those good key factors, there will be everything possible for them to rise to billions from nothing. Making money from money must be an art. But we could not learn it from educational institute. We need to learn it by ourselves by understanding the buying power of money.
Another thing to add is proper allocation of your resources. Yes I know it is basic economics but it is one of the most crucial things in creating a business. In order to maximize profit you must know where to put your money and how much will you put into it, because just by putting something without a good planning will just make your money vulnerable to losses.
4342  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: June 02, 2017, 08:40:54 PM
I think that having cryptocurrencies (Bitcoin and/or altcoins) be something you rely on to pay your bills is doable, but you will need to be extra cautious and overcompensate your effort/production in the good times in order to weather the inevitable bad times. I speak from the perspective of a miner primarily.
Well if you think of it not all of us Bitcoin earners are earning there Bitcoin through mining. Most of us find a way to earn Bitcoin online. And that is the best part of it earning money while you are online is a great chance of having an extra income aside from your main job's salary/ allowance. As a dependent child I can say that I would have not to rely on my allowance all the time anymore because of what Bitcoin did to me.
4343  Bitcoin / Bitcoin Discussion / Re: What to do with the people who don't like Bitcoin? on: June 02, 2017, 08:20:11 PM
I agree with you, even they don't like bitcoin we should still try to convince them that bitcoin is a good cryptocurrency and we should not hate it because if we hate it then we are preventing the opportunity and the blessing to come to us so it is better to listen to me first and i will try to convince you, that is how i deal some of the haters of bitcoin and at the end, i still convince most of them and i'm happy that i tried.
Yes, bitcoin was a very big blessing for us we should be share the knowledge to everyone else having an interest on bitcoin, but for those who are not yet interest you may teach them too, we cannot predict whether they will believe us or not. If they doesnt believe us they will regret that its their lost not us.
Its hard to convince people about Bitcoin who are not interested what more if they hate Bitcoin as a currency? It would be hard to convince such people as they are one-sided/ close minded about the topic. You might be gaining enemies in return if you tried to push them about using Bitcoin. The only thing that I imagine working on them is mass media proving them wrong about Bitcoin from price increase to legality anything that is positive can make them change their minds about Bitcoin.
4344  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: June 02, 2017, 08:01:20 PM
Bitcoin will continue to grow as more and more because every people will think bitcoin is a very good investment. At least it's all our hope
Yes correct that the price of bitcoin is growing more and more and the number of investors and traders are also increased, more day to day increasing of knowledge about people from person to another person also spread bitcoin and I hope that in the end of the year 2017 the price of bitcoin will cross 4000$ and bitcoin has spread in many countries.
4000$ is a possible target price before the year 2017 end. What makes it probable is the demand it will get because as of right now it is in consolidation stage because of the recent massive drop. If again it gain traction with the demand at the same time a buy up theere is no stopping Bitcoin to reach that target price you are hoping to achieve.
4345  Economy / Economics / Re: Is it better to save money or invest it? on: June 02, 2017, 07:45:24 PM
Just to offer a different point of view. You are investing your money even if you do nothing. You invested it into inflation so you get a negative return on your investment. Not investing your money also have costs due to inflation and Forex risk. Not to mention the opportunity cost.
If you are paranoid about losing your money choose investments which are extremely safe. Bonds, mainstream Stocks, collateralized lending, add 40% gold to your portfolio and it will be impossible to lose money even if the stock market collapses wince Gold hedges out the stock market.
Yup people are still missing a lot of opportunity cost just by putting their money on banks, if they know what they are losing they will immediately put it into an investment. A money that stand still won't give you something in return, am active flow of money to investments will give you promising results in the future. Its better to invest now rather than save your money.
4346  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: June 02, 2017, 07:12:11 PM
My worst decision on bitcoin when i bought bitcoin on high price then a couple of hours the price went down and as a result i panic and sell it even i will lose a lot of investment. That's a newbie mistake from the past and it happens long time ago but now i learn a lot from that.
I think nobody knows when bitcoin prices will go down. So it's a natural thing when you buy and then the price goes down. As is the case today. Many people are losing because the price drops very quickly

well you kinda can guess it because for example right now there was a huge bubble not a long time ago. Then the price dropped a little bit and right now it is coming back again. I can almost bet that it is going to go down right now to like 1500 dollars and I wouldn't be surprised at all. The price was going up way too much and too fast.
They are not losing money because of the price drops its when they sell it at a loss that's what making them lose money. A common newbie mistake is they always sell when their investment goes below to the price of what they bought which is always a bad idea for your capital. If you are really looking for the intention of earning more money with Bitcoin you can either buy more at a low price or hold your position until you see a gain in your portfolio. In order to profit you must learn how to sit and wait.
4347  Economy / Economics / Re: Bitcoin reduces unemployment on: June 02, 2017, 06:50:59 PM
I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?
I do not think bitcoin can reduce unemployment directly, however any new technology creates new business opportunities and new jobs that can create new wealth for the people but at the same time new and more efficient technology can destroy many jobs, just look at Kodak, now that everyones has a camera that can take a number of pictures that is almost unlimited no one needs Kodak.
As long as bitcoin is offering some jobs like freelance or something like that then it is actually reducing the number of unemployment because of the easy or convenient job online and to be honest, you can earn more money in bitcoin rather than in the usual job that you can get in the real world.

In fact, bitcoin offers job opportunities that everyone can be in, this is not a real-world job in which everyone competes only for a limited position.

If the issue of kodak above becomes a reference, all things retro technology that will be replaced by technological innovation, many brands other than kodak that do not give up and compete to make smartphone products and other booming things. The connection with bitcoin is that they easily engage in bitcoin if they lose their primary job, this is an opportunity that is not owned by conventional company.

Bitcoin has opened another platform of online earning and it is very easy for the employee and employer to send and receive the money through Bitcoins. Definitely  more people are getting interested in online jobs because of bitcoins.
I don't think having an online job can consider yourself to be employed. For example you are task to translate something into your native language in which you will get payment after the job is done, if you are being paid by task you are not employed because the money you are earning is by commission which means it is not fixed or permanent in anyway as it is a one time payment for your job. Even in signature campaigns, most of them do not last as they are mostly offering ICOs.
4348  Economy / Gambling discussion / Re: 2016/17 NBA Season on: June 02, 2017, 06:31:13 PM
We all knew that KD is going to be great add for Golden State team and it`s proven  especially in play off. Golden State played great team basketball offensively and defensively and Cavs boys just looked kinda lost. I personally expected better game,more dedicated from Cavs, but GS just was to strong for them. Next game will show us does some break is possible for Cleveland. Much thanks to Love for showing me respect with scoring performance heh.
But when you observe the game of Lebron he seems to be calm in the whole game even though the margin of points is spreading his mood didn't change, the Warriors might have won the game but the series is still a long way to go. In my opinion Lebron is still setting the tone as it is still early in the series. I am hoping that the series will be a close one and not a one sided game.
4349  Bitcoin / Bitcoin Discussion / Re: Give your child/ren a bright future! on: June 01, 2017, 04:41:49 PM
I have an alternative for that how about you save your Bitcoins for yourself in order to profit from it more. The profit you will be earning with Bitcoin can be use to create your own Business, because if you think about it your kids will be needing that money 10-20 years from now which we really don't know if Bitcoin will still grow or if Bitcoin will even exist in their generation. So its better to invest now rather than invest it for your kids.
4350  Economy / Economics / Re: How to teach kids about Bitcoin? on: June 01, 2017, 02:34:37 PM
There are many economic games that give the opportunity to earn pocket money. Payment in bitcoins and when the child reaches the age when he will be able to accept such information, he quickly figure it out. Believe me it is still you will teach. It's like sex. Parents do not teach us, but we all know anyway.
Sex and Money is a different thing although I agree with you, a child's mind is not yet ready to absorb anything about Bitcoin or money in general as they don't even know there math subjects yet. But also starting them young about saving money is a best way to prepare them to financial freedom, opening them personal bank accounts can be a good start for them as they will know how to save their own money.
4351  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: June 01, 2017, 01:48:48 PM
This might be turning into a reality every moment because of the price increase in terms of fiat currency equivalent, what I mean about that is if the Bitcoin earning is still the same as of right now then we have enough earnings to be better compared to a minimum wage. But you know what is better? Having both a real job and an earning through Bitcoin is much better because you will double the amount of your earning capacity.
4352  Economy / Economics / Re: Make money from money on: May 31, 2017, 02:23:58 PM
A good investor must remain calm at all times and use not only due diligence but also instinct when investing in various projects. Also a good investor looks to grow capital above spending, which will induce the wealth creation bug to work and change the financial scenario for him/herself plus for those around who may need financial help in standing on their feet. To be calm is to find the best way forward in the Investment world.
I don't think various and investing can connect with each other. Because an investor that is good always know that they need to concentrate on their strengths and try not to explore in new things (it is different from opportunities). When an opportunity comes knocking it must cater and work well on what you are investing about. Having various investments will just ruin your management.
4353  Economy / Economics / Re: Bitcoin reduces unemployment on: May 31, 2017, 10:26:20 AM
Bitcoin reduce the unemployment if a person gets a regular job but if not then it is not considered as an employment because in employment it needs regular job and regular salary while in bitcoin it like just a side line so i think it doesn't reduce the amount of unemployment.

I agree. In most cases, bitcoin is obtained as a small temporary part-time job which can only bring a big profit in a few years if it is saved and wait for the price to rise.
I don't even consider it as a part time job. Generally what you are doing online like signature campaigns fall into freelancing in which you really don't have an employer. You are self-employed in which you are just looking for temporary or additional way of having extra income. Additionally the amount you can get from a job is much bigger because in Bitcoins we have a limited option on earning more money.
4354  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: May 30, 2017, 04:50:55 PM
ATMs and credit cards both have fees (I believe you are joking). It may have zero confirmation time but It's possible to chargeback and get scammed. Lightning Network should give us the ability to make micro-payments and without waiting for confirmations too. Banks control your money, you don't. I see no reason on why fiat is better than bitcoin.

LN is not enough for scaling the world or even just a bit nation/country.
cause when you close the channel your transaction go in a block.
LN reduces transactions interted in blocks only when you open channels you are going to use often.

What is the problem with you guys comparing a cryptocurrency and a fiat currency? Can't they live together without choosing any of the two? It's not a parasitic relationship in which only one is benefiting among the two. Let say that Cryptocurrency won't have any value at all if there is no fiat currency in the world. It is what is giving them value based on fiat currency. Too add why the hate in banks? Aren't we suppose to be happy that they are holding our money for free compared to buying an expensive safe in which we can't protect on our own?
4355  Bitcoin / Bitcoin Discussion / Re: Japanese Airlines to accept bitcoins soon on: May 30, 2017, 04:31:14 PM
https://cointelegraph.com/news/japanese-budget-airlines-will-accept-bitcoin-in-2017-install-btms-at-airports

According to this article, Japanese Budget Airlines are going to accept bitcoins this year. They declared that later this year we can now enjoy flights without bringing our wallets but our bitcoins in our smartphones. As part also of their new innovation they have installed BTMs or Bitcoin ATM on the airport for the convenience of their customers. With this we can expect an increase in tourist visits to Japan.
Well its a good news for peole who have Bitcoin to bring in Japan that also don't want to convert anymore money to Yen. But it made me raise a doubt on one of your statement in which you say that by accepting Bitcoin it will increase the tourism of the place? So you are basically saying that if they accepted Bitcoin, then instantly tourist will now start going to visit Japan. I disagree with you about that because a tourist does not go to a place because of the money but because of the place they will visit.
4356  Economy / Economics / Re: bitcoin provide income on line? on: May 30, 2017, 03:05:29 PM
Yes bitcoin now is the latest online provides income.Even the youth can go working as a bitcoiner, for me this is one of the best online job now.You can earn a million as you go seeking how to win the high price of bitcoins now.Everyone is in panic how to have more bitcoin because of price increasing.Includes that this is the best income for today.Easy job,easy earning and most of all easy money.
I don't think that there is such a word like Bitcoiner and I can't even consider it as some kind of Job/Work. Also it can provide you income but the question is can you do the right thing to have that kind of income? What you earn online is like freelancing because you are not really employed by anyone you are just earning something temporarily, what I mean about that is for example I am part of a campaign, some campaigns won't last long because majority of them is just for a promotion of their ICOs.
4357  Economy / Economics / Re: Bitcoin reduces unemployment on: May 29, 2017, 01:34:02 PM
I don't think it reduces unemployment at all, maybe what you mean is it reduces poverty or something close with that. As if it reduces unemployment people have to be employed by an employer not unless you consider being a campaign as a job then this statement is wrong. In order to be employed you must be working in a company not freelancing and doing work at home. But the fact is it increases people with additional income or it can be considered as a new way of earning money not being employed.
4358  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: May 29, 2017, 10:15:37 AM
In our country no bank can accept bitcoin, but after you converted it into our currency they accept it. In our country the problem why bank cannot accept bitcoin, it's because bitcoin was not yet establish as currency. However we were waiting that bitcoin will become legalize as currency in our country. Also, I was hoping and looking forward that digital currency will become famous to accept it by all people.
I don't think banks accept Bitcoin in general, for two main reasons. First the legal issue, Bitcoin is not a legal tender of any country which means there will be issues with it to their government, secondly Bitcoin is a volatile currency which means Bitcoin at banks will be useless, what people want in their loans is a stable and widely accepted currency like their local fiat in which everybody accepts. It's not a matter of being a establish coin but it is a matter of stability and legality.
4359  Economy / Economics / Re: panic selling on: May 29, 2017, 07:40:45 AM
When prices soared then we would look to sell in a panic, this happened a year ago, I sell 5 btc while the price of $650 ($ 300 profit/btc), if I want to be patient and I get more profits.

It is not only but common mistake done by every normal investor. Because most of us think if prices go down more then we may miss the opportunity make a profit. But I was you then I would have sold only 2.5 BTC and keep rest of the bitcoins with me because with 2.5BTC you would have taken out your investment and rest is a profit so can take more risks to gain more profits. So that's why we should only book partial profits if your investments are meant for a longer term.
A 300$ profit is not bad during that time as it really had hit deep last year in which I remember was around 500$ which is a big correction. Normally panic selling happens when small players follow the lead of Big Players because they are ramming down the price to a certain extent that they don't have any control anymore, and this is where the big players re-enter the trading and Buy Bitcoin more and more, the cycle repeats and repeats but if even the small investor refuses to sell Bitcoin at a higher level then it will still continue to grow like what is happening right now to its price.
4360  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][SNC] SunContract - Decentralized Energy Market on: May 29, 2017, 06:19:15 AM
Run a background check on one of the dev teams which is Gregor O. Novak, he is a sole owner of a company called "Bluetechnix" that existed way back 2004 and the company and is a manufacturer of embedded system solutions. I hope that this project will be a success for both the consumer and seller as it looks promising right now.
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