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441  Bitcoin / Bitcoin Discussion / Re: What does the bible say about Bitcoin? on: June 23, 2016, 06:48:53 AM
For me bitcoin or money its just the same, however the way you used that is all that matters, if you used bitcoin or money to help people, i think the bible will agree but if you used it for evil then you violated the bible
For me Its just that simple...
That is the most rational, I also could think of,  it depends from daily basis. However how fascinating to read bible if it mentioned bitcoins in some concrete perspective.
442  Economy / Gambling discussion / Re: How much can u lose with gambling? on: June 23, 2016, 06:08:51 AM
You can loose unlimited as that depends on your pocket and your addiction's level. If you like to chase your losses then this will get very bad for you, as you will loose more and more.
443  Economy / Gambling discussion / Re: How legal is to create betting/gambling site? on: June 23, 2016, 05:58:31 AM
If you have long term serious plan to run an online gambling site you should use proper channel.Which means proper channel is you should get license which is not very costly it will provide you legal safety in case of some unexpected situation.Same time you will be able to promote and expand your gambling business.It is illegal to run such business without license.
Though I think running a small dice site would not need all the licenses and others. I was planning to runs a dice site but then compromised with just investing in casinos.
444  Economy / Trading Discussion / Re: bitcoin trading :) on: June 23, 2016, 04:04:32 AM
guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance
If you want to do trade with bitcoin and a number of altcoins then I will suggest you to join Yobit,as at there you will find about all the available coins, and that site is much easy to start trading and easy to understand.
445  Economy / Gambling discussion / Re: Whats about the Gambling, when Bitcoin is going up? on: June 23, 2016, 03:50:39 AM
This is the perfect time to lose your money to gambling sites and make them rich. Number of people losing money during this time is tremendously high. As bitcoin is going up, gambling site owners also want too earn huge just like you so the earn money from people who have become blind by their own greed. My advice is to stop gambling during this time and start investing at some better place because it's high time.
But when the price of bitcoin will increase people will stop to bet on gambling websites, as they will get more profit from the value increase of their coins than the gambling sites and that profit will be without any fear of lose.
446  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: June 20, 2016, 07:12:30 PM
No one know some will want to have just one others 1001
Most will be good with 100 in 20 years price might be high enough for all
The question is just buying 100 bitcoins will be enough for him for his future ? because after retirement he can not probably work much and would be dependent on the bought amount of bitcoins.
447  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: June 20, 2016, 06:51:24 PM
I heard some hackers who hack others via ransomeware virus are asking bitcoins in return. So people are a bit worried and maybe that is stopping them, but that is no reason, hackers use USD also so stop using it !
448  Economy / Economics / Re: Why have Bitcoin instead of cash? on: June 20, 2016, 06:35:48 PM
I consider bitcoin more secure to make payment which are pretty fast and many other things comparing with cash. But to secure the bitcoin first we should have a secure environment (clean pc/mobile etc), also it is partly anonymous (not completely), seeing the huge increase of the price recently we can consider bitcoin as a good way of investment.
I use bitcoins much more than cash because bitcoins give me anonymity while cash does not. I can just buy anything with bitcoins as can i with cash, but btc stand higher because price increase very often.
449  Other / Off-topic / Re: Complete the sentence... "I would sell all my Bitcoins if..." on: June 20, 2016, 01:20:10 PM
I would sell all my bitcoins if the bitcoin price went to an unsustainable level. However it is hard to currently visualise that happening. We are obviously a long way off that ATH.

I would also sell all my bitcoins if the bitcoin network somehow collapsed.
I thin that most reasonable to sell you bitcoins suddenly was due to a collapsed of the blockchain and who knows if that impossible becomes possible.

By the way I got a personal situation, I would sell all my bitcoins if my brother in law needs financial support for his mistresses.
450  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: June 20, 2016, 12:56:02 PM
i Guess it's just be hope, but if it's happens again. i'll sell i've then waiting for the day xD
yeah I thought it was just a false hope that will happen in the near future. yeah it might just happen. but you have to wait hundreds of years to see the prices

If bitcoin drops to $1, I would never sell my bitcoin instead I would buy as many as I can. Of course I will not get profit if I'm going to sell it for only $1.
So better to buy more and also hope for a better price increase.
Because after that price down fall it will going to rise.
Yeah we could be millionaire if BTC will be available for $1 per each (assuming it's price will bounce back), I will sell half of my property and buy BTC with all due respect. We will be sitting and watching our fortune wheel if that happens.
451  Bitcoin / Bitcoin Discussion / Re: Japan is starting to love bitcoin again... on: June 20, 2016, 12:32:05 PM
No surprises. Even "Satoshi" picked a nickname from Japanese. I don't know anything about it but maybe he is Japan too? Japanese money already doing well against US dollars anyways. Japanese people do not use  bitcoin to gain profits. They use it for what it is intended, as a real money.
In my opinions, japan is start using bitcoin because the value of bitcoin is not domination by USD. it's different with Yenn japan,sometimes getting an effect from USD. and bitcoin is the fixed way for this problem.

Some months ago they started to talk about it in their parliament, and as I know they talking seriously about legalization of btc.
That can be good and bad thing in same moment. Probably there will be some new laws about it, and like always we will not like everything they set up. Generally its a good thing, I believe in future every country will accept btc.

It's will give a more advantages for japan from using bitcoin and make legalization for this. In the future japan is not worried about fluctuation effect from another fiat currency for their currency. It's a good progress for japan. let's see what happen if japan makes a legalization for bitcoin.
As you can see you see that there are now more people that is going to use Bitcoin and that is really nice because Bitcoin is also becoming more popular so that is great.
And the hard thing is that you cant know what will happen later and that is the problem.
I always thought that japan made BTC because of the name Nakamoto it is fundamentally suggestive that it has been invented in that country. However this person is not identified let alone japan what they want to love.
452  Bitcoin / Bitcoin Discussion / Re: Bitcoin Cyber Crime on: June 20, 2016, 12:27:39 PM
What is Bitcoin cyber  crime and how to stop it?

It is impossible to stop the cyber criminals for using bitcoin , we cannot prevent bitcoin to be used for illegal activities we are not the authority behind bitcoin . Even the government cant stop cyber crimes and the use of bitcoin so we cant . It was very disturbing that the currency we are using online is also used by those frauds .
It has a max security to not reveal your identity when someone is buying malicious thing.
It enhances the ability of the person it helps them in many way cyber crime need anonymity and BTC are presented with that details.
I couldn't think how to stop it, maybe we can prevent it.
453  Economy / Trading Discussion / Re: HOW MUCH YOU EARN/LOSE FROM TRADING on: June 19, 2016, 08:16:02 PM
i already lost 0.03 at trading and profit 0.005 still trading even its maybe not for me Undecided
Same here. I tried forex and now BTC and lost in both. I lost over $100 in forex and now $35 in BTC. I guess I am not able to make a proper decision as to when it's the right time to buy or sell coins and hence end up losing. Those who are experienced may have a better knowledge.
Yes, the experienced people have much knowledge about to earn big piles from trading, I have saw some people who have adopted the trading as their main source of earning their living, so ithink they will earn from there each time.
454  Economy / Speculation / Re: $10k???? on: June 19, 2016, 08:05:30 PM
I think $ 10,000 would not be achieved in four years. probably in 2025 bitcoin prices will exceed $ 10,000. we expect only bitcoin prices will increase further.

I honestly think the 10k is not gonna reached at all, its just way too much for the bitcoin in my eyes, its just such a large amount.
The max what the bitcoin can reach in my eyes is the 5k in the upcoming years..
Any thing is possible in bitcoin so anything is expected in it, the price $10,000 for bitcoin is not harder to achieve, if we spread bitcoin to all over the world and some major powers also give it some support.
455  Economy / Trading Discussion / Re: Does auto trading bot make good profit ? on: June 19, 2016, 07:55:01 PM
Does automated Bitcoin or other crypto currency trading bot can make some good benefits ? Is it good to use it ? What is the best bot ?

I have seen many trading bots that are being sold here in forum like C.A.T but telling the truth i do not trust these bots, what if the developer has made a hidden feature and dumps all clients's assets (bitcoins,altcoins), nobody can guarantee that this can't happen. Also it is the opposite way pumping a price and then buying high etc. Maybe there is a profit using them but I believe that the amount isnt high.
Yes, we do not have to trust on them, it is a big risk to take, and also there are a lot of people who want the sellers to sell their coins at lowest price, so these are chances that someone work on it so as to dump the coins.
456  Economy / Speculation / Re: Bitcoin in 2020 on: June 17, 2016, 04:25:51 PM
Anyone holding double figure BTC will be sitting on 6 figure dollars by then, or higher, you never know. It's worth holding long term to discover.
Yes, it will happen but here not all of the users are holding double digit bitcoins, the normal users at here have only a few bitcoins but still they will get a higher value of profit after a few months.
457  Economy / Gambling discussion / Re: High bet amounts or low bet amounts? What is your style? on: June 17, 2016, 03:47:07 PM
I can bet on high amount i just betting and risking low amount in sports betting and other games.. sometimes lower than my minimum bet..
just halving fun.. honestly i dont have to make a profit in betting..
No one has apart from those who either are professional, or those who do arbitrage or some who are just living ( ah sorry riding ) on their luck. I think all the people I know are in loss with gambling, none in profit.
458  Economy / Speculation / Re: What are your views on Bitcoins future on: June 17, 2016, 03:18:47 PM
Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future
Why you have to think about future to come to that conclusion ? Its already there.Maybe something like bitcoin would be used  officially to buy stuff on airports and government organisations.Maybe buy train tickets with bitcoins.Pay for your bus fares with bitcoins.Hope you do get the point.
If he is asking for that then I think yes it will happen and will happen very sooner, the governments will accept it and will be allowed at the banks for financial affairs of the government, so then every coin will be replaced and there will be the royalty of only bitcoin.
459  Economy / Gambling discussion / Re: Lost & made around 3 BTC today on: June 17, 2016, 03:13:21 PM
Greed is the word I will use for you. You could have stopped well before falling into loss but you did not, I know it is not easy to stop when you are winning because this happens to me everyday and i find a way to stop, but really cant Sad
460  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: June 16, 2016, 11:24:26 AM
Bitcoins would require verification before we open a wallet and the price would be as stable as USD, EUR with few cents up and down daily. We could use it to trade in forex which is a positive and then we would also be able to secure our bitcoins incase of a hack, scam or fraud.
True and actually if it becomes legal then it would be more problem because then all the sites will ask us long and bad verification and the anonymity which is the best thing about bitcoins would be lost. Let it run as it is Wink
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