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501  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: December 05, 2017, 08:15:19 AM
Nope i do not think fiat will be extinct within the increase of bitcoin because wstill need document cash just to spend our expenses and need. If the whole world and banks or establishment is changing nicely in bitcoin maybe money is going to be useless.e
Yes it’s true that bitcoin is helping when someone keep it on hold for a long time parents can use bitcoin for their children because in coming time education is also going to so expanse and it can help them after some time and also you can sell bitcoin when you come to know that the price is high and you can take a very good profit so I think its very important for everyone that keep some bitcoins on hold for long time and take a profit from it.

Storing Bitcoin for a long time can be called a long-term investment. If you're among the middle class, you need to do this because this is a great opportunity for investment. Investing is one of the most important factors in our lives to improve our family economy. Do not worry, Bitcoin prices will always increase and in a few years it will be very high. Bitcoin prices will not go down or disappear, at least not for the near future. Start collecting Bitcoin from now on because in the future it will be even harder to collect Bitcoin.
502  Economy / Economics / Re: Why the anti government on: December 05, 2017, 08:03:41 AM
Simply because government is unable to control and track transaction taking place over the countries, hence they are not able to track the income of a user. Thereby not able to find users actual income, giving government a loss and making them anti-government.

That may be true, but not entirely true. Not all countries in the world oppose Bitcoin, there are some countries that support and use Bitcoin as a tool to improve their economy. There are some countries that ban Bitcoin, probably because they think they can not take profit from Bitcoin. Usually a country like that would think that Bitcoin makes them lose, because people tend to select Bitcoin because it is free of taxes. We also do not keep Bitcoin in the bank, and we can be free to do transactions. Maybe that's why many countries do not like Bitcoin. And if a small country can take advantage of Bitcoin, surely they will become a rich country.
503  Economy / Economics / Re: Best tip on saving money on: December 05, 2017, 08:01:02 AM
Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
I also put aside 20% of my daily jobs earning as saving. And then the what's left is I budget it. It has works wonder for me up to today. I'm glad that I'd listen to my parents early on regarding saving. You might try it if so see if it's fits you. Others do to the opposite, they do the budget first and the rest put into saving. I guess you have to try and experiment it yourself. And always ask yourself if you really need or just want it before spending your precious money.

I never spend more than 50% of my salary. I give 10% of my salary to the church, and I eat everyday by cooking myself (I mean, I still live with my mom, hahaha). I never buy food outside, I just buy a small snack just on weekends. I was deliberately not spend money to hang out or eat in restaurants, I also do not have a boyfriend. I was determined to save and invest for my future. I'm determined to buy a house and make my family happy, that's when I'll start thinking about hanging out and having fun. Or get a girldfriend.
504  Economy / Speculation / Re: Why people from 3rd countries are crazy about getting cryptos? on: December 03, 2017, 09:16:33 PM
I don't think they are buying bitcoins, i think 99% of them are using this forum to earn bitcoins. Why? Probably because they can earn 10 or 100 times more money than they would earn it if they work in their country for it.
It's not their fault, they were born in shitty countries and no one should blame them for it. Speaking of creating hyip - didn't that Dutch guy sold everything and bought bitcoins and now he and his family are living in camp trailer?

Hahaha, actually the answer is quite simple and easy. That's because big country currencies like the United States, and various countries in Europe, the value of their currencies will be much greater if made shopping in third-world countries. Therefore, many people who want to collect their currency from various jobs, one of the high value of currency is cryptocurrency. If $ 10,000 is your monthly income or salary from your work, then for people living in third-world countries, that amount of money can be used to buy a house! So if a snack in a big country costs $ 10 to $ 20, for them it's enough to eat everyday.
505  Economy / Speculation / Re: Bitcoin for $1 Million !!! In ten years? on: December 03, 2017, 09:12:41 PM
Haha, I saw that chart too. The parabolic curve is about to go parabolic on a logarithmic scale Grin Makes you wonder if some day a Bitcoin will be worth more than a Rembrandt.
This is irrelevant, the most important thing is that a Rembrandt be priced on bitcoin instead of dollars, and instead of being marveled at the amount of millions of dollars the rich people use to buy it that we were marveled at the amount of bitcoin someone used to buy that Rembrandt and if things continue at the current pace it is very likely that future is going to become a reality.

That is something very surprising. Maybe it could happen, but it takes a very long time. At the moment, I can only hope that the price of Bitcoin can reach $ 100,000 to give me a 10-fold profit on my investment. I have not thought for 10 years, if I wait for Bitcoin for 10 years, I think it will be too long for me, and I must be old. So I hope and monitor the price of Bitcoin for 2 or 3 years only. I hope the price of Bitcoin can increase to 10-fold or 20-fold in recent years. But I always wonder, is it because more and more people are using Bitcoin, Bitcoin prices are getting higher?
506  Economy / Speculation / Re: Is it the truth bitcoin can drop to altcoin prices in this year? on: December 03, 2017, 09:02:07 PM
It seems to me that you do not understand the nature of the investments. You should not be difference in what to invest. You must have a percentage of the profits from the investments. You can invest in bitcoin and earn 100% profit in 5 months. But if you invest the money in altcoins you can earn 300% in 1 month.
Investment is unpredictable job, no one can clam that he must get money from investment, so is the case of bitcoin from bitcoin. No one can predict the price of bitcoin, its price can increase too much but can also possibilities of decreasing its price.

That is almost impossible, but it may happen in the future. Only, not in the near future. We all know that the price of Bitcoin is far above the price of all cryptocurrencies. So it will be very difficult to match or surpass Bitcoin. Bitcoin's development and rise in prices already existed before any other cryptocurrency was created. But some say that some Altcoin will be developed again by their developers in the future. Later there will be Altcoin which protocol developed to be better in terms of price. Maybe this is why the price increase could exceed Bitcoin, but I'm not too sure about this. Maybe this can happen, but I think it will take a very long time and not this year.
507  Economy / Service Discussion / Re: Cloud Mining ? Tell me About it please on: December 03, 2017, 08:57:53 PM
Cloud Mining ? Tell me About it please. I am wondering what exactly is cloud mining? IS this more less I can invest into a mining system? but don't have to actually have the hardware in my house? I just handle the controls from a remote location? More less invest in as a shareholder? or really how does this work? information please.
Cloud mining is very risky, it is hard to find a trustworthy cloud mining site. Because now a days, their are no cloud mining site that are profitable for your investment. If i were you, i must try to invest in an ICO. It is more reliable than cloud mining.

Cloud Mining is the service of a mining company that provides a place where we can invest. In a way, we do mining, but those who take care of the hardware start cleaning the hardware to monitor the temperature of each hardware. But of course the results obtained from Cloud Mining is very different from Hardware Mining or mining directly. The results of our mining will be shared with the mining company. We will earn money from our mining and we can monitor our mining speed. Is Cloud Mining profitable? There was a time when Cloud Mining was profitable, but now I do not know then. If you want mining in Genesis Mining, you'd better wait until the lifetime package comes back up.
508  Economy / Trading Discussion / Re: Does the Rise of Bitcoin affect short term positions? on: December 03, 2017, 07:40:53 AM
I always believed in the short term positions and to be honest they are actually good way to grab bitcoin or any coin with lowest rate and then re invest the coin or fiat that we have gotten that way. You see it through my perspective, if the coin is not stable for pretty long period and we saw many ups and downs then we can always buy the coin when it is in crest and sell at trough and if we see another dip surging afterward then just buy it with those coins which you got as profit from the first trade. So that’s how one should use the short term positions. Very beneficial if we keep repeating it ever.

I suppose, short-term investment is always there though Bitcoin always rises. So I do not think Bitcoin's price affects short-term investment. For example like ICOs, trading, tokens, and so on. It looks like a short-term investment if we take a good look. ICO is a solution for those of us who want to make money with a quick investment. There are some people who can benefit 1000 times as much because of ICO. But remember, not all ICOs are legit and profitable, there are some scam or fraudulent ICOs because they only utilize the popularity of cryptocurrency to deceive.
509  Economy / Trading Discussion / Re: Start with Bitcoin or Ethereum on: December 03, 2017, 07:22:28 AM
being the user of crypto currency i would like to start with the ETH as it is easily can trade in the exchanges and the price is affordable for me to buy since bitcoin and ETH both currencies are good in the market both are highly trading and with good market value it is more convenient for us to take a start in the digital currencies now from fiat money i like to hold bitcoin in my wallet and i can use it for many purposes.

If you have a lot of money, or you have enough skill and money, I think you can invest into those two cryptocurrencies. You should not just invest into Bitcoin alone, if you can buy Ethereum, you'd better buy it too. I can only collect Bitcoin myself because I do not have enough money to buy cryptocurrency. I just do a job that can generate Bitcoin. If you can buy cryptocurrency, it means you have the ability to buy. Many people just focus on Bitcoin, but there are some people who can see the potential of Ethereum. Ethereum prices will rise to the same height as Bitcoin a few years ago.
510  Economy / Trading Discussion / Re: Do I hold? on: December 03, 2017, 07:19:05 AM
I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.
Well you invested in a coin because you believe the value will be higher in the future, you are holding because you believe after the platform is ready, the coin value will rise to a new height. Patience is the key in crypto, if some crash is enough to waver your decision then you haven't do enough research before buying the alts.

First of all, we need to know what Altcoin you have purchased and you decide to be an investment tool. I think you should be much better because the price of an Altcoin sometimes takes months to go up. Bitcoin's own investment takes several years to get a lot of profit, so I guess if you want a lot of profit you have to wait for a long time. But if you have a lot of capital, in a short time you can make a lot of money. It's just that, need a lot of capital to be able to profit in a short time, usually only rich people who can do it.
511  Economy / Gambling discussion / Re: the future of gambling on: December 02, 2017, 02:49:07 AM
Actually, tv-reality games that get people to do daring or let's call it dangerous stuff for money and people will bet on whether that person will do that or not. This has been displayed in a movie called NERVE made in 2016. People were dared to do things and the app went viral, people are divided into 2 sections watchers and players and the watchers would bet on whether players will do the crazy things or not.

I think we are in the future gambling that is gambling using Bitcoin. We gamble using Bitcoin and gambling online is part of the future of gambling. We can play gambling and earn money just by sitting in front of a computer and can have fun through casino games on the internet. It's just the sensation that is obtained is different from a real casino. I think later in the future gambling will grow and many people will legalize gambling. As it exists in the big country and small country will start to follow it. Hopefully we can wisely respond to gambling.
512  Economy / Gambling discussion / Re: Gambling addiction. on: December 02, 2017, 02:46:01 AM
The more we lose the more it makes us addicted in gambling why? Because we want to get back our money. We became greedy and uncontented when it comes in money because of gambling.

I guess people who can be addicted to gambling are usually rich people or people who have a lot of money. The poor tend not to want to gamble because people like that will think to make as much money as possible rather than gambling. If you are a gambling addicted rich man, you should look at other things that are more fun than gambling. There are many more hobbies and pleasures that are better than gambling. For example like playing games, traveling, watching movies, anime and so on. If you're a gambling addicted, you should think about your family like your wife, children, parents and so on. Pity them, you should use your money to happy them.
513  Economy / Gambling discussion / Re: Fun seeking gamblers vs profit seeking gamblers on: December 01, 2017, 09:51:01 PM
Every fun seeking gamblers too fall under the profit seeking gambler network. This is all because of the importance of earning option an user get through gambling. If there is nothing as profit on winning, surely these fun seeking gamblers won't be using gambling for fun purpose.
Yes, I agree that types of gamblers are somewhat mixed and that if there wasn’t money involved, most of the fun element wouldn’t be there either. However, there are some gamblers who think they can make a profit out of gambling, some of them think of it as a solution to their problems, whereas the “fun” gamblers are more motivated by the recreational experience.

I do not understand how people think they can make a profit from gambling. I guess if we do not open our own gambling business, we will not be looking for profit. For example: we can open an online gambling site and promote it here. But you should know that opening an online gambling site is very difficult and many rivals. There are so many famous and powerful online gambling sites that have been promoted in this forum, and I see that they are great. If you think you can make a profit from gambling, you'll lose money someday. My advice is, avoid gambling. Gambling will only make you lose, but if you gamble just for entertainment alone, then you have enough money. That means you should not be too much of a gamble, even if you have a lot of money.
514  Economy / Gambling discussion / Re: Which Sport Do u Like to Bet? on: December 01, 2017, 09:46:09 PM
I am not a big fan of sports but I do have my favorite team when it comes to basketball and this is the only sports that I do bet either its local game or NBA. It's easy to predict basketball game specially if your team has a good player.

Football is the most popular sport and very much that make football as a gambling tool. Especially in my country, a lot of that make football sport so gambling tool, there is gamble with school friend, there is gamble with coworker, there is gambling through gambling online. Who gambled through online, that's a lot because the online soccer gambling sites in my country are so many. Every time always appear new and always promoted everywhere. If adsense is the most popular ad in the world. So the second most popular ad in my country is online gambling.
515  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 01, 2017, 09:52:46 AM
You cannot become rich with bitcoins if you have limited bitcoins in your wallet as you cannot expect that its price will be in millions in future so if you want to become rich with it then you need to accumulate very high sum of bitcoins which is not easy especially if you are earning it as earning will give you limited amount of bitcoins and not possible to buy more at current price as its not affordable for majority of us.

Being rich with Bitcoin could be, for example me. I also have a dream to improve my family's economy and I want to be rich because of Bitcoin. But to make it happen, of course not easy. If we want a lot of profit, we must provide a lot of capital and a lot of time. We must patiently wait for several years and stay calm despite the decline in prices. Let's say you want a profit of $ 10,000 to make it happen, you have to collect money for $ 1,000. And you have to wait for several years to double as much as 10 times. And if you want more profit, you have to raise more capital.
516  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: December 01, 2017, 09:32:40 AM
You realize BTC is not even relevant to the world financial system right? It has become a rare commodity to be HODLed for dear life, and that’s about it. You can not readily transact in BTC and you’ll never be able to (because their are already significantly better options, even in crypto).

The dollar will not be replaced by Bitcoin or any other currency. Bitcoin also will not replace any currency in the world. Bitcoin and Dollar are two very important currencies and are used by many countries. If the dollar and Bitcoin are replaced, there will be a massive economic shift around the world. If you think the dollar can be replaced, then how the fate of those who transact using cash in traditional markets. While cryptocurrency like Bitcoin is a digital currency with no physical form. But indeed, Bitcoin will become more popular and more usefull around the world.
517  Alternate cryptocurrencies / Altcoin Discussion / Re: All coins are now dying, what do you think? on: November 30, 2017, 09:31:27 AM
Because Bitcoin hardfork all altcoins are dying the bitcoin news and effecting the all altcoin because every one wants to buy bitcoin and due to this bitcoin price is more and more high and in result the altcoin price is going down and that is why i think you must wait for sometime to buy altcoin till the hardfork of the bitcoin and you can pick the altcoins at the bottom and after the hardfork when again altcoins will go up then you can get a great profit.

I do not know whether cryptocurrency is falling now or not. But if what you say is true, and you think the news about Bitcoin affects all Altcoin, we should not panic before knowing the clarity. We must remain optimistic and should not be hesitant to keep our investment going. I do not think we should wait for hardfork to buy coins. Because hardfork is unpredictable and it is not necessarily the case. We should just collect Bitcoin and Altcoin as much as possible. Because if you keep waiting, we can miss and will not feel the profit we should be able to get. As we wait, the price of all cryptocurrencies will continue to rise.
518  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which coin now you think had a good future on: November 30, 2017, 09:27:35 AM
Bitcoin has a great future ofcourse because bitcoin is the mother of all cryptocurrencies. Bitcoin's potential is very high in fact the rapid grow of its price is very consistent.

I think Ethereum and Litecoin will have a good future. Bitcoin is the best, we all know it, but we should also know that the development of Bitcoin prices is already very high and may look too high right now. If we compare it with Altcoin or other cryptocurrencies, we may still have a chance to gain multiplicity in the next few years. If we compare the profit we will get from Altcoin, we can get a lot and not lose with Bitcoin. Maybe even the profit we get from Altcoin can surpass the profit we get from Bitcoin. We can only hope and do research. We must have a backup plan so we will not be disappointed.
519  Alternate cryptocurrencies / Altcoin Discussion / Re: What altcoin will make us rich? on: November 30, 2017, 09:14:08 AM
Altcoins will make us rich because the huge profit is in the altcoins this is the market which you may make 10x of your investment by using altcoin trading and may be in the next days you will loose this market have both sides, so that is why there are some reasons in this market to make rich by using altcoin and its according to the situation of the market with good observation.

I think Ethereum and Litecoin are good cryptocurrency or Altcoin and will make us rich in the future. Altcoin has the potential to generate multiply profits like Bitcoin. Altcoin can give us a profit of 100% or 300% or even 1000 fold. But to make it happen, we need a short time. We need several years to wait and be patient because the price of cryptocurrency will always increase and decrease over time. It is very important for us to invest in Altcoin, not just Bitcoin. Because when we have invested in Bitcoin and there is some problems, we still have other investment, that is Altcoin.
520  Alternate cryptocurrencies / Altcoin Discussion / Re: What Should I do as a newbie? on: November 30, 2017, 09:11:00 AM
Another newbie here. Glad to see all if the help beingnoffered here. Though this post isnt mine, I will be taking into considerstion, and abiding by the guidelines most of you laid out to get started. Thank you.

What do you mean by that question? Do you want to know Bitcoin from the beginning, or do you want to generate Bitcoin from scratch? I guess I'll answer with the following answer.

Better as a newbie, you just upgrade your Bitcointalk account. Make your account rank become a Member because it is a minimum requirement to follow the Signature Campaign. To improve your account, it's very easy because you only need to post 1 post daily for 2 months. Activity in your account will increase by 14 points every 2 weeks. If you can already become a Member, you join the Signature Campaign in the Services sub-forum. That's the easiest and most powerful way to get Bitcoin.
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