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4881  Economy / Speculation / Re: Is the best investment holding your Bitcoin? on: November 10, 2016, 05:21:36 AM
Right now it is best investment just to keep holding as the current bullish indicators didn't finish. There are lot of news and analysis which tells us we may see new all time high in coming months. Bitcoin looks very stable and in very good position so instead of taking any further action better just keep holding.

Best holding policy is hold the bitcoin when the price is low and sell out some bitcoins when the price is high to make some profit. If you long term view about holding better hold your every penny of the bitcoin and utilize it on future.

Yeah its better to sell them when its allowing you to make profits instead of holding them too long as you never know what future holds for us but if we sell at higher price then it can give us profits and we can buy them again when price falls in future and I think that is the best way to play with bitcoins.

That's the better way of making profit but bitcoin has the possibilities of increasing much than decreasing in price. For this reason users who expect small profit could go with long time holding. Also as our bitcoins were in our own hands we doesn't need to panic.
4882  Economy / Economics / Re: Best way for steady income on: November 10, 2016, 04:34:37 AM
For a steady income day job is the only way. Other than this people can consider additional earning possibilities similar to trading, which gives a sustained earning similar to profit earned from small term investments.
4883  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: November 10, 2016, 04:14:52 AM
Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.

Agreed, through bitcoin illegal activities can be done without revealing the identity as mentioned by the above mate. Also through darknet places one can get services that were not available for fiat or any other currency.
4884  Bitcoin / Bitcoin Discussion / Re: Storing of Bitcoins is against Bitcoin. on: November 10, 2016, 03:49:06 AM
People does store gold, and do you think those affect those marketplace? No, it doesnt affect, soo why would it affect bitcoin, be sure some people still hold their coins and wont sell them anything lower then 1000 dollars, and there is 7 years of bitcoin, and people will wait more time to dump them.

Gold as a investment and commodity has huge capital and acceptance among the common man compared to our bitcoin. So, at present at least a minimal amount needs to be spend which might help more and more users who were unaware of bitcoin. Storing is not against bitcoin but very big amount holding affects the price.
4885  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: November 10, 2016, 03:17:28 AM
Bitcoin itself is pretty strong and secure. Bitcoin exchanges, however, are where it becomes risky.

Definitely, If we are talking about Exchange than it really risky way, because since last few years many time exchange has been hacked, and recently BITFINEX give us the poof that exchange is not safe, these are not safe-sound way for bitcoin and also for us.
But if we are talking about Bitcoin, than definitely bitcoin is safe, because bitcoin has been spend too many years and still it is going well and up.

The bitcoin price has risen in the last few hours together with the Japanese Yen. It is regarded as safe haven.
I think prices will go up and down constantly changing sometimes above and sometimes below, a high price does not guarantee that bitcoin will be strong to survive long. because fluctuations will occur and driving prices down right ? so I think as long as the user continues to grow and bitcoin continue to develop then bitcoin will grow stronger and continue to survive


It is called fluctuation and it is normal for every currencies and even investments.  I agree that price will not guarantee the survivavility of bitcoin,  what guarantee survavility is the development, base users, and new users that is adopting bitcoin.  And I think bitcoin is strong because he all have this three things that is needed to survive.

Fluctuation in the price or value won't happen with every currency. Fluctuation happens with most of the digital currency as well investments. This fluctuation while getting certain number of user profile or continued adoption it becomes stable without much fluctuations
4886  Economy / Economics / Re: Best way to manage money? on: November 10, 2016, 02:17:55 AM
I think you can save 50% your money and 50% you can use to invest the money. I think better if this can do.
saving and  investing   is  really a good thing to do 50% on  saving and 50% on  investment, my question is  what  about  on   your expenses  into  your needs? How  will you consider it?  How  will you survive? Its  not  really a wise  move though   because   you put  too much  focus  on your  aims  but  you wont survive  if  you dont eat and  dont  have shelter and clothing. lol
I certainly agree with you, that is the big question and most of the problems of the people. We cannot manage our expenses in life properly and when our income increase our lifestyle also change, I think to be able to save, we need to live below our means and in that way we can save money but it requires a lot of discipline.

As mentioned when one spends according to his earning, then he saves a good amount also most of his desire can be fulfilled with the saving through his planned spending. Also in whatever manner we plan some miscellaneous spending happens for which we need to plan to compensate with some other earning.
4887  Economy / Economics / Re: why is it so hard to buy bitcoin on: November 09, 2016, 05:07:28 PM
I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    Huh

I'm not sure about bittylicious, but with localbitcoins.com depending upon the seller sometimes you might be requested to reveal your identity. While joining to get increased trust rate into your profile you were asked about several forms. This is for your goodness and the trading website doesn't gonna get benefited.
4888  Economy / Speculation / Re: So USA seems to have picked Donald Trump. Help or hurt btc prices. on: November 09, 2016, 04:43:15 PM
Election has given unexpected results, this time the result is good for bitcoin and digitalization growth. When the result was confirmed, in a very short time sudden increase of around $10 took place. This gives positive hope for users.
4889  Economy / Gambling discussion / Re: ANY STRATEGY TO WIN IN GAMBLING? on: November 09, 2016, 03:18:04 PM
Strategy to win in gambling is possible when you don't have addiction and expect earning good profit in a very short time. One need to research thoroughly a particular team and players and need to place bets only on events in which the team you researched and known about it. This gets you winning most of the time.
4890  Economy / Gambling discussion / Re: U.S Presidential Election || Discussion and odds on: November 09, 2016, 02:49:03 PM
I do not mind the economy of the US or whatever Trump will bring, one thing I am sure is that I am happy that I am on the right side. People think it's an easy bet and clinton would win but it's really true that the only way to make money in gambling is to fade the public.

Yeah most users had the same thinking of profiting as it seems to be a easy betting. More users have lost huge amounts, because most users with cent percent hope placed betting odds on Hilary.
4891  Economy / Gambling discussion / Re: Going all in on a Hillary win bet on: November 09, 2016, 02:25:40 PM
What's wrong with the world I am asking and is not because I lost 2 BTC by betting on Hillary but because Americans voted for a guy like Trump. How will they explain to their kids that a guy who insults women, insults emigrants , insult religious people can become the president of America? By this example they cannot do it. They cannot try to learn to their kids that if you insult women and consider them only sexual objects you yell and insult people you can be a better man or woman.

Sad story, Trump president of USA.
I feel  you  bro, money  doesnt matter   though  on  making gambling  on  this  kind of election  but  the  effects  would give it  to america but  you cant really conclude  to a  particular  person, Trump  would surely do  his  job  it may affects some sectors and  businesses  but  lets  just see  on what would  the  actions that  he  would  made on  his   term.  Feel  sorry   for those  who  put all in  for Clinton. Its a sure  loss.

This is the most shocking result that I have come across for politics. I was almost tempted to bet for a Hilary win but I decided against it as odds was very low then. The people of America must be angry with the Democrats after voting the Republicans for all three (House, Senate & President). There is no sure win bet for gambling no matter how low the odds is.
i was amazed because even in the early counting directbet still gives low odd for clinton and even trump showing great start the site still favor clinton and allow bet to be place unlike you i was able to send some btc and place a bet since i also seen a mate here place 9k$ for clinton what a surprising lost for most of gamblers let see what trump can bring to his nation.


Oh what a saddest lost they get and also i though hillary would win since she is leading on polls and surveys but all of the sudden in tha last minute of voting turns out that trump won to this race,  well thats life just go wait and bet for another election and maybe by that time we can earn even more huge profit, election craze is now finish and hope that trump will not a thorn on our neck since he is well known as short tempered guy.

Thats  what  we called  gambling  even though  we  saw  shes leading  on the   poll and  surveys  and   we could really assume that shes winning already  but  unexpected results   will  happen  anytime , just  like what  happens  on   US  presidential election . Many  people   really  didnt  expect the results  especially for those  who  bet  on  clinton and some   putted huge amounts and  making  all in.

$9,000 for lost? That is the saddest story that I've ever heard trusting a woman for your money isn't the best thing at all.

Politics now is all about business now and people chose the person that has knowledge in business rather than politics for US has a very big debt to pay.

Congratulations to those people who bet Trump and won.

Lot of bet have been placed over Hilary compared to bet placed upon Trump. This time as mentioned by above mate people had chosen the one who is expert in management and administration to a person experienced in politics. Anyhow US gonna rule the world again in one or other way.
4892  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 09, 2016, 02:14:47 PM
India lost its grip in the match between England after taking wickets in the beginning and then Joe Root and Moeen Ali build a huge partnership and Root went on to score a century and Ali is one short of a century,India has to take wickets if not this is going to be a lost battle.

First day there won't be much variation felt in the pitch. Second day of the match clearly portrays the winning of the match. Indian bowlers needs to take continuous wicket using the spinners to stop the run scoring which is much needed.
4893  Economy / Gambling discussion / Re: Betting On US Elections... on: November 09, 2016, 01:56:10 PM
Everything went upside down and gave a big surprise to the users who placed bet on Trump. Most US citizens might have known about the result earlier and the people outside US thought that Hilary wins. The election results had made every statistics made by various websites false.
4894  Economy / Gambling discussion / Re: Where do people post referral links? on: November 08, 2016, 09:56:34 AM
Most users place there referral links in their social networking websites. This gets spread very easily compared to any other forms. Some prefer advertising and referrals through group activities.
4895  Economy / Trading Discussion / Re: Is 1000 btc Possible on: November 08, 2016, 09:30:29 AM
Users who can afford a minimum of the same 100btc can easily earn the targeted 100btc in a very less time period than earning with one or two bitcoins. Then its better to go with bitcoin buying and hold to grab the profit because profiting with altcoins is really hard compared to bitcoin. The reason is that bitcoin can be predicted to certain extent which is not possible with altcoins.
4896  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: November 08, 2016, 09:12:08 AM
Bitcoin price won't go that high, so that you can buy a house with one or two bitcoins. House is a basic requirement, better is to buy a house at the earliest through some day job or some other means because one can't exactly predict when the price reaches as you expected.
4897  Bitcoin / Bitcoin Discussion / Re: Could there be a law on stolen bitcoins? on: November 08, 2016, 06:54:51 AM
Already bitcoin is decentralized, so initiation of such laws into stolen bitcoin issues is really not possible. What most users quoted is a different scenario with silk road probe. Its our own responsibility to keep our bitcoin much safer.
4898  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: November 08, 2016, 06:46:09 AM
When user has a good understanding about the bitcoin and gets to use bitcoin for a long time can start trading. At the starting its better to plan with smaller amounts and trade bitcoin for fiat and over the days of gaining good knowledge of altcoins can move forward with the other forms of trading.
4899  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: November 08, 2016, 04:07:50 AM
I don't see a problem if someone wants to cash out their bitcoins for a big profit. I personally will hold some bitcoins for the long term, but I will sell some if we see a big increase. It is still a risky investment.

Upon the risk involved bitcoin as a form of investment gives a good profit over the long run. Situation might change anytime so as you mentioned its better to sell and cash out at the right time upon one's own decision.
4900  Economy / Marketplace / Re: Best selling item online for bitcoins? on: November 08, 2016, 03:18:08 AM
Hmm,in my opinion that should be electronics and gadgets because we can often see some deals online and also clothes I think is a big one.That should be the top selling products as far as I'm concerned.
But to my preferences, the best thing to offer for bitcoin should be digital goods or services because you can be able to sell and deliver to anyone in the world but when you go for other goods there are chances that you cannot be able to ship to all parts of this world due to certain security reasons.

Digital goods were the most selling things for bitcoin in online stores as well openbazars. Recent days more online stores were improving the shipping processes in collaboration with several other partnership's. This might help users to buy their desired products soon.
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