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4541  Economy / Gambling discussion / Re: What keeps you coming back??? on: April 02, 2017, 11:30:57 AM
addiction

eager and impatience.

I wanted to earn some quick cash

I told myself days ago i wouldn't bet again

Then just now theres a dota 2 match, i betted $50 and lost.

Damn
the scenario always like that , you have hold yourself to not gamble for a while but then some random feeling crossed in your mind. it seems what people called addiction , your brain really take a big role on every decision you make. don't let it happened over and over again some people with this habit really need a serious treatment from a professional.
Well addiction is really the main thing that makes people come back to gambling. Because it is what makes people's mind adjusted that gambling is really a part of their life or how the mind wants as to think about it. The more you stick on things that remind you on gambling the higher the chance you will come back. Take some time off, even in watching Dota because you also know that you can't avoid gambling even just by watching it.
4542  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: April 02, 2017, 03:38:55 AM
I think I like best about Bitcoin is the ability to earn online. Before Bitcoin was even made it is hard to find anything good because you would not know anything proper or stable in the internet on earning money. I tried several things from PTC sites to Survey Sites none of them work properly for me. With Bitcoin it provided me an option on earning online without the hassle of clicking things that will only pay you with cents.
4543  Economy / Gambling discussion / Re: 2016/17 NBA Season on: April 02, 2017, 03:03:08 AM
At this point the Timberwolves are doing a great thing losing games. You know why? Because there is no point of winning because there is literally no chance of making it to the playoffs what they need to do is to have a higher pick or good position in the lottery to have a chance of making it to the top 3. Hoping that in the next season we will make it to the playoffs for the first time.
4544  Economy / Economics / Re: At what exchange rate would you call Bitcoin dead? on: April 01, 2017, 12:32:02 PM
In my opinion. As long has bitcoin has value amd users then it shall still be considered as alive. Yet of course obviously if it has no value then it is already dead
bitcoin users are continuously increasing and not decreasing. i hope that very soon the users of bitcoin will in every house of the world. and hope that bitcoin will remain as a live for ever and is not going to dead at any case. because the popularity of bitcoin is continuously increasing.
I agree, the fact the we are seeing the bitcoin’s price change every day and the more people are coming in to the market and that brings a lot of investments and a lot of new business that accept bitcoin and I think that is the way that bitcoin is going to survive and develop, and I know the fact that bitcoin is not a thing that everyone uses but it is good for some of them.
But when the price is drastically falling then it is a signal of great weakness or even much worst a news about Banning Bitcoin worldwide. Big price drop greater than half would signify a bad news that happened with the normal operation of Bitcoin. A price drop that has no chance of recovery is possible when the government takes action about it.
4545  Economy / Economics / Re: Which one is good, trading or investing? on: April 01, 2017, 10:25:54 AM
Bitcoin is a volatile currency and in order to take advantage of it you need to choose Trading instead of Investing, The main reason is in trading you can set buy and sell points. Unlike Investing you won't be able to take advantage of its price because your focus is on the long run. In order to maximize your gain trading is the best option among the two.
4546  Economy / Economics / Re: The dream of getting rich with bitcoins on: April 01, 2017, 05:15:44 AM
If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.
Buying Bitcoin in a lower price is good option to get rich but now Bitcoin price is very high and I cant afford now unlike in the early stage of Bitcoin like year 2012 we can buy more Bitcoin.
I think buying bitcoin in the low price does not mean you will become rich very easily. you need to do a lot of trade so that you get lucky and get rich on that investment

Maybe he means that he buy in low price then hold it after sometimes sell it because the value will rises up. This method is used by a lot of persons who are not so techy or dont have time to trade etc.
That means you are doing a long term investment and you have to be smart enough to continue investing bitcoins until you can accumulate a good volume of bitcoins so it will be worth once you cash out in the future. However, things is not only moving in one direction, we have seen how the price of bitcoin dump and people panic, thus it's necessary that you have faith on bitcoin and you will not be easily affected by rumors or FUDS that you sell.
Yes I will agree with you that it will be just a "dream" because for use new users of Bitcoin we have missed the greatest chance of use buying Bitcoin at a lower price maybe below 100$ level. With its price right now it is hard to consider that we will become millionaires as if it only reach 2000$ it can only double our investment at best. Which is kinda impossible as of now because we have a low deman or rather a none increasing one.
4547  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: April 01, 2017, 01:31:34 AM
bitcoin bitcoin BANK will also make more trusted by the world community. because with the bitcoin BANK then there were a regulation that is used. and it organizes all about bitcoin transactions.
Indeed a trusted bank, but the bank will strictly within the rules, they will collect taxes and our data must be valid, I think it is the same as the real money.
All the functions and benefits you are saying can be done by the Bitcoin Wallets in itself, I don't know why having Bitcoin Banks will benefit us all. Because people will know that kind of currency is being accepted by a bank? I don't think so because it is the person's choice if he/she wants to use that bank's service or not. Also there is no real use of Bitcoins on banks, I even think that it will restrict or limit your usage of your Bitcoins

eg. you need to access your account first before you can do transactions unlike Bitcoins on your wallet in which you just access your app and its done.
4548  Economy / Economics / Re: Can you really make money on Forex? on: April 01, 2017, 01:20:39 AM
It is indeed possible to make money out of Forex only things you may need is proper training and understanding of market.
To make great profit two things are required:
* great luck
* Insider knowledge

Without above it is difficult to make significant amount of profit from Forex as investment or seed money required is also large.
I don't but I don't think both luck and insider knowledge is a skill that can make you profitable in  Foreign Exchange. What I mean about this is that Forex is more than that because everything around it relies on the economy of a country it is a reflection on how they are doing economically. Also I don't think the "training" you are saying won't improve your luck or the insider knowledge you will have.
4549  Economy / Economics / Re: panic selling on: March 31, 2017, 06:31:10 PM
panic selling will occur when the price of bitcoin down in large numbers because there is a company that sells its bitcoin in large quantities. well, it will lead to people wanting to sell bitcoin they have quickly, resulting in panic selling. for now, I think it will not happen, because bitcoin prices tend to be stable for now.
I don't think that only companies do shorting especially in the case of Bitcoin. What I mean is that Bitcoin is meant to be hoarded by people who have bought it in the early years which it was in the cheapest price. Right now certain individual (Not Companies) do shorting when they think the price is right. They are also lucky to but Bitcoin again at a cheaper price. And that's how they make money with Bitcoin.
4550  Bitcoin / Bitcoin Discussion / Re: Japan to accept Bitcoin as payment method. on: March 31, 2017, 02:42:59 AM
Well this is a good sign that one big country especially a Developed one has a chance to accept Bitcoin as a mode of payment. And you are right Tourist have now a chance not to convert their money in Yen and pay directly with Bitcoin. But the real question is if this pass how long will it last or will it be a mistake to Japan. But this will be a start for other countries to look in the situation of Bitcoin as well.
4551  Economy / Economics / Re: How to teach kids about Bitcoin? on: March 31, 2017, 01:16:34 AM
Still I can say let the children have fun during free hours and focus on study during learnig hours.  It is more helpful than forcing them to learn about Bitcoin.  Before teaching any advance, we should build the fundamentals first. and that is by letting them focus in their school activities.

I agree with you. I do not understand why children from the youngest age need to talk about bitcoin. This is difficult even for some adults. Therefore, I believe that children do not need this information

There's a lot more things that a children need to know other than bitcoin. We can tell it to them but I dont like the idea that its like we are forcing them to go in this field. It depends to them what they will choose because the world just dont revolve around bitcoin.
For me we can easily tell to kids about bitcoin but we do not need to required them to earn in bitcoin that early stage we need to send them into school to learn academics for their future, and the times come they will be in the stage of earnings/profit/income, they need to have work/business and other profitable thing like bitcoin.
Yeah that its right. Bitcoin is too advance at their age because their brains are not fully develop yet to absorb and learn something that only exist online. So kids need to even learn how money works before giving it a try or even testing Bitcoin out. Also there is no real use giving Bitcoin to them at their age.
4552  Economy / Economics / Re: The dream of getting rich with bitcoins on: March 30, 2017, 05:45:16 PM
Bitcoin will never ever have a stable price. Even when the all fiat currency was converted to bitcoins, there will still be stuffs like Digital Gold and other cryptocurrencies traded against bitcoins so the price will still be unstable. Anytime big dump can happen but at the same time, anytime a big pump can happen.
If bitcoin would have stable prices, we could never think about getting rich with it. Fluctuations of bitcoin must be a gift, we should make use of it. I believe, for getting rich with bitcoin, we do not need any active participations like trading or doing any business. Simply buying and holding it for long haul will ensure becoming rich.

To all the other people that are wishing that they get back to 2012 and buy bitcoins, it's not going to happen. The famous quote: "The best time to buy bitcoins was years ago. Second best is right now."
There will be no second opinion about buying now must be a best option for ensuring our chances of becoming rich. I believe I have enough amounts of bitcoins to become rich in next 10 years.
Other cryptocurrencies does not make Bitcoin unstable, Bitcoin's volatility is due to the fact that the demand is always changing and it is normal for Bitcoin to have a changing demand because no one is representing it. What I mean by that is look at stocks, companies represent their stocks the price of a stock reflects on the company's performance. What Bitcoin only has is an unstable demand.
4553  Economy / Economics / Re: Where can i invest my money? on: March 30, 2017, 04:16:16 PM
There are trusted companies which are operating for a long time, some of them shown awards to prove that they are legit. Well, there's a lot of ways on how you can invest your money just choose the best for you. And always remember the risk so be careful.
He got 2 million us dollar cash and you just like trying to suggest to put it on a trusted companies? How can you say that they are trusted? Because they last for at least a year? Is that your standards? In my opinion, putting that 2 million us dollars in companies online is very risky because you can't assure that it will work and you can't assure also that you can earn profits.
Please don't suggest it that way because most of all of its a trusted company or it is one of the real operating ones it would be known to all people, even the media stays away with having news with it. Because they know they are not real. Also why will they ask money for direct investments to them? Which is illegal. They have 2 things to do to gain money one is entering the stock market and another one is issuing bonds both of which is required to be registered forst at the government.
4554  Economy / Economics / Re: Best way for steady income on: March 28, 2017, 03:04:52 PM
Bitcoin Casinos are a good source of income, you can automate the process rather easily but it will require an initial investment of about $15-20,000



You cant just declare and initial investment like that. It depends on several factors and its totally a personal opinion what one wants to invest and not.

Bitcoin casino bankroll investments are good, they pay low but they are good for long term benefits. But there is a big risk of websites getting hacked as well. Though most of the reputed sites here have proper security and emergency measures.

However people casino bankroll investment is not gambling. Many people here seem to misinterpret the two and think both to be same.
I don't think casinos or gambling in particular is a way for steady income. I mean the risk you are taking in gambling is high to know that you are really having a steady income. Even if you have an automated betting system it does not give you assurance that you will win all through out your bets. Also the investment you are saying is not appropriate because there is no such thing as investing in a gambling site.
4555  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: March 28, 2017, 01:49:18 PM
Smiley Smiley :)i feel i am still a newbie in bitcoin industry and i need more time to learn bitcoin although know i now how to do trading, how to play gambling in bitcoin gambling site, i think my experiences is not much and i want to learn more and more. my experiences is in the first time i am too confuse to decide what wallet i should use and how to get new wallet but i think now i am understand a little about wallet especially web wallet in exchanges.
Actually when I was new in bitcoin gambling industry I barely understand how to bet but I just simply follow the procedures and eventually I was able to successfully gamble. I proved then that things would be easier if we will apply it in real practice, it's not complicated actually if you simplify it.
Further, you are here for a reason and you have to believe that any doubts in your mind will be answered by the helpful members here and I'm of them, so please don't hesitate.

First answer to your question, gambling site has their own wallet and you can use your exchange site wallet as well where you can cash in and our your money, transactions will be vice versa.
That can be some kind of act of carelessness on the both of you. Entering or exploring gambling when you are still new to Bitcoin might result into many loss. It is like entering also in a HYIP program that has a high risk involve on losing your so called investment.  For new users I would suggest taking a slow learning with Bitcoin, understanding Bitcoin and what it is as a whole before testing gamblings sites for the first time.
4556  Economy / Economics / Re: Where can i invest my money? on: March 28, 2017, 10:31:03 AM
I currently have 2mil usd for investment.

I wanna invest it on bitcoin. Where can I invest it?

Please give me all the alternatives

thanks!

also, please look at my first post I plan to build a mining farm: https://bitcointalk.org/index.php?topic=1764338.msg17619998#msg17619998
I understand well about your thinking and ideas . Currently the mining farm is not a good idea .
Because the conditions for a Mining farm should be be favourable according to the atmosphere and Secondly mining in current days are no more profitable .
So here I will suggest not to invest in the mining farm . I will suggest to start your own altcoin launching and Make small advertisement here in this forum .
Currently altcoins business are more profitable ( if we do wisely)
Beside of the altcoin planning investment I will suggest you to hold bitcoin for long time probably you will get about double the return of your investment .
Obviously this guys is trolling us for many reasons. First is that how can he even have that amount if he does not know where to invest it, Second why would he even invest his money in building a mining farm? if that money is enough to build several branches of a Fast Food Chain which is more profitable and has a higher ROI compared to Mining Bitcoin. Obviously this is just a made up thread by this guy.
4557  Economy / Economics / Re: Is it better to save money or invest it? on: March 27, 2017, 05:47:06 AM
Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.

Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat.


But you can assure sure profit and safety of your money if you are holding huge amount. Because if you just let your money converted to bitcoin and just store it on bitcoin wallet, there are so many risk that might result for your money to lost because bitcoin is not stable and can be easily hacked by a PRO hacker especially if you are not aware about the security of your wallet, because even a secured website/ exchange are still hacked by the hackers.
I don't think that you really earn something in a bank. Or I don't even call it as a form of investment. Right now Banks call the money you put into them as "Savings" which means that you just save your money and you don't earn anything from it. Even if they have interest the rate they are giving is too low to be considered something for an Investment.
4558  Economy / Economics / Re: Make money from money on: March 27, 2017, 01:54:09 AM
the modern world does this, making money with money, if we had the money then to develop it into a more convenient than have skill because it must be depends from work.
It's not the modern world, there are still people who loves to play safe and only few of the entire population who are wiling to take bigger risk.
You make money from money if you are an investor and that means you are taking risk, the bigger the risk the bigger the reward.
By simply holding our bitcoins, that is already an act of investment and we all hope the value will increase so our money will grow and we can make profit.
That is how rich people do it making their money work for them. I don't know any more efficient way than to do it. Of course there is no guarantee that you will earn money instantly it requires careful planning and  a steady observation of your business because you will never know when there will be a hindrance in the system. Also your earnings does not always depend on how much capital you have.
4559  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: March 27, 2017, 01:17:25 AM
Best to invest right now is to buy bitcoin as price is continously
rising. You can also trade some altcoins seems price right now
is cheaper, the best time to invest also and hold it. For sure,
price well increase though. Thus, hold your bitcoin seems
increasing its demands.
Right now bitcoin dropped at below 1100$, but no worries it can still recover we just don't know when Smiley
However, investing in some altcoins was a good idea also to take the chance then hold it for a long term.
There is nothing strange about price touching below $1000 mark. In fact, it was long coming and that goes to show what bullish pressure is at work on Bitcoin. At any rate, drops in price like these are actually good sights for smart traders, because they present another opportunity to buy Bitcoin at reduced price. We all know by now what Bitcoin is capable of in terms of appreciation in value!

Real traders who have been with bitcoin for sometime now know about these drops in bitcoin price very well. These are times to buy more coins because prices are low and then hold it for the next rise in price. Rises will happen and are bound to happen in the future. So people should not worry about selling pressure low price but rather focus on consolidating their assets for future tradings to be done.
It is not about the recovery of the price of Bitcoin but about the margin of safety you will get if you invest now. Right now with only a 200 dollar difference between 900 and 1100 dollars it is hard to go all in because it has more risk on falling down then gaining more. For me it is more safe to buy when it falls back down to 700$ per Bitcoin.
4560  Economy / Services / Re: Tidex Signature Campaign [Full] on: March 26, 2017, 11:33:59 PM
Suggestion

I think it is time for this campaign to have an option on wearing an Avatar for Full Members and Above. Which will have a bonus payment for them if worn. Lets say maybe 25% or an increase pay per post. Just a suggestion Mr. Campaign Manager. Thank You.

By wearing an Avatar the one wearing your signature will make it more attractive to the readers and other group members.
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