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441  Economy / Economics / Re: Bitcoin or gold? on: December 12, 2016, 02:55:38 AM
I'd say most of it to Gold but a some to bitcoin too. Gold is steady and will remain like that in the future as well, whereas bitcoin, no one knows. So I'll put some amount in it, the amount I'll be okay to lose if it happens but not all. Because its risky.
But if it all goes positively for bitcoin, I think in 10 years time, a bitcoin would be worth a lot more than any other competitor.
to me i think gold is a best option but for saving only and not for investment, to me if you want some investment then bitcoin will the good option for you, as bitcoin can really make you rich in a very little time.
I agree. Gold is too stable and it is not affected by other FIAT or inflation. Thus, it is better for saving money but not for investment. Holding bitcoin for a long term is the best-investing strategy right now since Bitcoin price keeps increasing day by day. In the future, It may cross $2000 according to many pieces of research and experts. No doubt that at present, Bitcoin is more valuable than gold
And we hope that the trend will continue so we can get a good profit of our investment. If this will not dump then the price like $2,000 would be easy to reach and if we do not panic to sell also.
442  Economy / Economics / Re: what your plan for future ? and how to manage your time ? on: December 12, 2016, 02:50:39 AM
so much that I have planned for the future. build new businesses and develop a business that I built. but, it all just depends on the money I got. Well, I plan to collect the money that I get from my job and bitcoin to build the business, but I think my time management is still very bad
My planning is very simple I want to collect some good amount of bitcoin and then open a exchange center for my countrymen, where I will accept bitcoin as well as other crypto and online currencies for exchange, I think this business in future will be more effective when the number of bitcoin users will be similar to fiat users.
if there is not yet a local exchange on your country
then it's a good idea to be the first who can build that business
but if there is an exchange exist already, i guess will be hard to compete with the experience one
future plan always about money , and with bitcoin you can achieve it, just buy and hold bitcoin as long as possible.
That's the ultimate way of making money with bitcoin, patience to hold will give us good profit so we should not hesitate to do it but only invest what you can afford to lose.
443  Economy / Economics / Re: Can you really make money on Forex? on: December 12, 2016, 02:46:36 AM
forex become similar to gambling when you place your trades like bets.
I see a lot of people trading with "lower values" "higher values" forgetting what's is behind a forex trade. The best way to earn with forex is study a lot just one market (or a couple) and try to focalize the effort.
I am sorry friend I dissagree with you. Technicaly we can predict the market in forex by fibbonacci technic. We have to be sensitive with buy signal and sell signal of market. It is possible to earn money in forex for skilled people.
Thats right mate if you will closely monitor the movement and if you will make good assessment using those tools for you to decide which entry point you will going to place your investment and when to stop and sell for sure you will able to gain profits from forex.
There's no big difference with bitcoin trading, it's all about the knowledge and your ability to predict the future value of an asset. You guess it right you make profit and if it's wrong you lose.
444  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: December 12, 2016, 02:41:55 AM
For investers and normal users of bitcoin the price of bitcoin does matter. Like I want the price to increase a lot so I can have much more profit. A daily user might also want the price to increase. On case of developers I think they would want adoption more than increase in price.

Of course to all of us bitcoins price does really matter. And if it is not because of the bitcoins price, we are not going to be encouraged for keep on trusting bitcoin.

That's why our belief with bitcoin is worth waiting for each price increase, we are having different amounts of profit.
Bitcoin price was being one of factors that make more people use it exlude other factors like no tax, no government control and the innovation of payment system that bitcoin bring to us.
People like to see a bigger price for them to grow their money because they consider it as investment that a currency. With the low price, it's not attractive in the eyes of the money.
445  Economy / Economics / Re: Bitcoin worth to you or not... on: December 12, 2016, 02:33:05 AM
its really worth it for me because it change the cycle of my life from being a dumbass to a better man now. now im getting extra profit from it and already done investing on my friends company now im growing like a plant from no life to wonderful life . im thankful because bitcoin was my method to received and send money in different countries thats what i loved about bitcoin they're making the world change with a great impact on the economy.
Same with you bitcoin is really worth it for us specially for a student like me and i can say bitcoin is a great help for me i am.the one whos providing my school expenses
Yes bitcoin give us so many advantage, it is being resource, give us full control of our money, let us avoid tax, an investment and I think become better way of economy life. Thats why bitcoin so worthed for me too.
bitcoin provide us opportunities to use it for making money  by investing it in altcoin and in gambling also. i also give us opportunities to it it for online buying and selling also there i will like to say that bitcoin is really worth me.
For sure we do not only limit to that, we can invest in different opportunities online base on our passion. Bitcoin is worth because it promotes the freedom we are looking for and to be in a community that full of smart people.
446  Bitcoin / Bitcoin Discussion / Re: bitcoin transactions - Slow OR Fast on: December 12, 2016, 02:28:49 AM
Bitcoin transaction is fast because nothing impossible in technology. If someone gives you a bitcoin, you can easily convert it into something. In bitcoin transactions, it needs some of our real information to verify our identity.

Yes surely it is fast but it depends on the miners fee you got because when you are going to send some bitcoins and the miners you paid is not that acceptable.

Then the miners will put your transaction into the last queue and they will prioritize those transactions that has acceptable and paid miners fee.

So that's the reason why sometimes our transactions are slow.
There are really times that the transactions are slow even if you choose to pay a bigger fee. But so far, it's satisfying to me.
447  Economy / Gambling discussion / Re: Why is gambling so addicting? on: December 12, 2016, 01:54:34 AM
its addicting because of the prize pool and the intense feeling when playing gambling . we all know that playing gambling eating our greediness thats why we're losing. if we can mark up on our mind that gambling is just a game maybe we can prevent being addicted on gambling . im accepting the fact that im a certified gambler and ive also played a lot of gambling games. and theres alot of winning and also losing phases. but its okay as long as i can make a profit from it.

You are right. It is the entertainment that makes gambling addicting plus the add on bonuse of winning that attracts people to go back to gambling casino again and again.  Aside from that, player can get along with others player adding more attraction to the site.
Oh well thinking that you are always going to be lucky might be also a reason why gambling is so addicting when people happens to keep winning and enjoying denying the fact that they already been engaged and got addicted with the game.
it's actually fine to think that you are lucky but always remember that winning is not always happening in gambling there are also times that we are not lucky and we lose and that situation should be fully accepted by us, if we can do that we can enjoy gambling and we will not be addicted.
448  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: December 11, 2016, 02:55:20 PM
I first knew about bitcoin from the news so i started searching and got really interested in knowing more but back in 2009 there was not much to get from bitcoin as it was a new and not much people know about it , and after 5 years i was watching a series bitcoin was mentioned and that refreshed my memory and i got back into  it and found that bitcoin has grow a lot since i last left it and since then i'v been trying to earn some every day
Good thing you discover bitcoin, though we are 2016 now but still there are plenty of room for bitcoin to grow. The future cannot be foreseen but by believing the future is positive we can always start investing now and be successful like the others have enjoyed.
449  Economy / Gambling discussion / Re: Online Gambling vs Real Gambling on: December 11, 2016, 01:59:30 PM
i still prefer online gambling because im not good when its about socializing with other people and it could be the reason i could lose my focus on the game. thats why i still preferred playing gambling online because i could actually focus on the game with out any distractions. and i could waste my money without the comments of anybody because thats my money and i think playing online gambling is more easier than playing real gambling.
Online gambling is more interesting than real gambling you can entertain people with online not like in real gambling you guys need to be more serious and focus on the entire game. And you both are need to analyze the game to know who is the best player. In real gambling theres a lot of fee that you need to pay first before you play not like online no fees free to play.
They are both great, people have different comfort zone when it comes to gambling, some does not really want other people to witness that they are gambling so they prefer it online using bitcoin to be anonymous, but there are also people who like to socialize with other people and they gamble in a physical casino.
450  Economy / Gambling discussion / Re: To Gamble or To Invest? on: December 11, 2016, 01:47:33 PM
I prefer to play gambling. because the game of gambling, I can get the pleasure. many ways that we can do. laughed and then win the game. That's heaven on earth, we feel a little early. while investment is a job for me, I must really could devote time to both.
The problem I saw is that you will not enjoy gambling in the long run, it's pretty basic that we gamble the money that we can afford to lose and we only gamble if we have a good source. With that being said, you need to have a job or a business to finance gambling. You have no choice but to do both.
451  Economy / Trading Discussion / Re: Is 1000 btc Possible on: December 11, 2016, 01:42:07 PM
it is a possible but not an easy one as everyone has observed, but it will take a lot of time if you try to earn it in Trading or gambling or other small things. You may need to invest much higher to reach that amount.
Out of topic: last time when someone hacked the bitcoin exchange website they stole like 5000 BTC. So I guess it's a possible value. Shocked Tongue

Hacking into a bitcoin wallet that holds no less than 1000 BTC would surely be the fastest way to do so. But the problem is, do you know how to hack someone online by just knowing their bitcoin wallet? Sure you can easily find someone or a group of people that holds a lot of bitcoin but that information is not enough to get their private key and/or access their password.

The process of learning how to hack would take a lot of time. You might even give up before you reach the end of it. It would be much better to work hard then to get that 1000btc instead of learning to hack something.
We could be more serious here, it does not help for the majority. Hacking is stealing and that is not fulfilling as whatever comes easy will easily be gone. Work on our ways, there are surely a lot of possibilities to have that and by simply grabbing all the opportunities we could have that in a step by step procedure.
452  Economy / Economics / Re: Do you Still believe in Fiat? on: December 11, 2016, 01:31:29 PM

We don't have choice but to keep on believing in fiat for this is being used as universal currency all over the world. And its true that bitcoin is not able to replace fiat money if we are going to look with today's standing of bitcoin.

Both fiat and bitcoin has their own purpose. Bitcoin as a virtual currency  while fiat is used in our daily transaction offline.Still fiat is important as most people are not still connected or transacting online.
Fiat is very important to all of us even users of bitcoin, the fact is we cannot live without fiat but we can live without bitcoin. That is something we should put in our mind and we have to remain realistic in life despite of the great progress of bitcoin. Bitcoin will only be an alternative currency and will not replace fiat in the position.
453  Economy / Trading Discussion / Re: I quit trading on: December 11, 2016, 01:26:05 PM
well thats a really huge amount there. you could invest it on gambling sites or maybe you could create your gambling sites but make sure you money will fit into your gambling sites and also you must do a signature campaign it will help your site to be promoted and also hire some people who could actually help you to be a successful gambling sites owner and encourage investors so they will invest into your websites and both of you and the investors could make a profit from it. you will only do this if you want to create your own gambling site. remember the house dont lose. thats the advantages of the owner of the gambling sites.
The amount he lose in trading is not big enough to start a gambling sites, according to you he has to promote his site if ever through a signature campaign and to tell you, signature campaign alone will already cost him much. My point is that, every investor has their own interest so I do not expect OP will come into gambling investment.
454  Other / Off-topic / Re: Average Age of Bitcoin users on: December 10, 2016, 07:04:45 AM
Maybe it's 25 years old. Just a wild guess because it's base on my observation that most users of bitcoin are young but matured enough to understand the crypto currencies.
455  Bitcoin / Bitcoin Discussion / Re: Do you think bitcoin is one new step for sucess. on: December 10, 2016, 06:59:31 AM
Yes, it is one step for success especially when its price or value increase that leads to high income which can be included to success of every ones wallet Cheesy
The price of bitcoin is the representation that it's already successful. We wouldn't reach this price if we are not successful, it may start to fall a bit but since bitcoin has already get the trust of the adopters, it can easily recover and we will witness again the price that we are hoping.
456  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: December 10, 2016, 06:48:20 AM
Well for me, I am not quite sure if I agree to the idea bitcoin bank or not. If there would be interest in investing my bitcoin there like normal banks do, why not use it I might as well agree with it but if it is also like the old banks where I have to submit requirements and verify my identity to them, then I guess I might disagree with the idea bitcoin bank since bitcoin is created to have anonymity in paying online.
Nothing would change, it's still the same system. I do not really get what it means to have a bitcoin bank when we can save our money in our wallet and transact anytime we want. In the real world, we need bank to do it but with the advent of bitcoin that can be possible to do banking even without bank intervention.
457  Bitcoin / Bitcoin Discussion / Re: bitcoin transactions - Slow OR Fast on: December 10, 2016, 06:27:07 AM
is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
 Can transactions be seeded up to save customers time or any other way to use bitcoin  at local stores.

Yes there is a possibility to be happen but not now, because the demand of the bitcoin community is totally high at the present time now, slow and fast it depends on the area of the country.
It does not depend on a country because we are transaction in the blockchain only, and it's decentralized so no country interference with the problem of transaction. It will be slow if the demand is huge as more transactions will be happening and that is the only reason.
458  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: December 10, 2016, 06:11:02 AM
I guess this will be hard for the bank to accept since bitcoin users does not have any secured information unlike those bank users.
But then, bitcoin is okay and working fine without bank.

It is easy depending on the capacity of banks if they are really have the guts to use bitcoin for their services.

But this is possible to happen as long as there are financial things included, banks won't let themselves to be late with it.

And I know they already know things about bitcoin and many of them are still planning if they accept bitcoin.

Banks certainly have the guts to work with Bitcoin

The reason why they are not working with Bitcoin yet is twofold. First, Bitcoin is still not regulated enough for banks to use it freely. Or they may be outright prohibited from touching it by the authrities, like what the Chinese government did. Second, even if the government explicitly allowed banks to work with Bitcoin, we should always remember that banks are there for profits mostly. And if there is no demand for Bitcoin services offered by banks, the latter just won't use it
Profits would be always there when we say bitcoin is being adopted by banks and thats for the sake of money and as you said the hindrance is the adoption and the regulation of government regarding into bitcoin. As of today i didnt know any such banks do accept bitcoin already,if this thing really happens i dont think that people will put their bitcoins on the bank.
I don't know if it can give a positive effect on the economy of bitcoin, there must be a careful study of the government on this matter if they intend to accept bitcoin. The fact that we are using an anonymous transaction it will already contradict the purpose of the bank for transparency to ensure that transactions are all legitimate.
459  Economy / Economics / Re: Best way for steady income on: December 10, 2016, 05:45:58 AM
Signature campaign is the best way for steady income so far. Because only signcamp that can earn bitcoin up to 0.05 per week and even more. Other service also good, but you need an expert skills to earn steady income for that.
but for most of the people earning from signature campaign is not enough it is the amount with which they can survive only for themself while for supporting a whole family and giving them a better life you also have to adopt another job so that you will earn about 1 bitcoin per month which is not possible with signature campaign alone.
Maybe we are not being too realistic here, please wake up people.. you cannot support your family with signature campaign earnings, it cannot even support my self, try to figure out how much you earn. I do earn like 0.04 a week and that is not a good amount to cater the needs of my family, in fact I am just using it to gamble to have fun online.
460  Economy / Economics / Re: Bitcoin to be international currency on: December 10, 2016, 05:40:10 AM
I think bitcoin can be international currency someday. But for now i'm not sure bitcoin can be that. I mean, bitcoin still have many weakness and bitcoin must solve it.
I agree with you, this time bitcoin will not become an international currency, because there are few places where bitcoin was considered illegal because they can easily buy drugs. and the transactions are very difficult in the pan
Yes, in many countries bitcoin is considered as illegal as more then 70% of its transactions are done for some other activities as its famous in deep web, markets like silk road so, it will take years I think to become a international currency.
Agree with your point of view. In my country, bitcoin is not widely circulated, there are no shops, supermarkets, coffee shops can be paid in bitcoin, some people think bitcoin is a scam.If bitcoin want to become an international currency, probably also need decades of development.
Now it is a question of when and how fast it will become more widely spread or more mass adopted or more ubiquitous as well as being accepted as payment for more goods and services.


I think we have to call it as international currency because those people who have got knowledge about bitcoin are already accepting it in any part of the world and it is not restricted to any country of the world every person can adopt it without any limit and can use it like their own currency. So I think these are enough for bitcoin to be called as international currency.

Yes it's boundless feature has enabled bitcoin to become an international currency.

Another thing, bitcoin is boundless its because any person in the world who can access internet can access bitcoin.

And sure in 20 years time there will be a possibility that bitcoin will not only be a international currency but also the official legal tender when the world turns into a cashless society. It is clear now that the countries whose banks are about to fall, their citizens are purchasing bitcoins.
Determining the possibility of becoming the international currency is not only base on it's system that is very impressive but more like the support of the people and will only happen if the government will help us promote bitcoin, so far that's no happening now so I cannot be confident to see that happening in the future.
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