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501  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: October 23, 2017, 02:28:06 PM
Some people wish to buy bitcoins but due to its high price,they are not able to buy it.So they start spreading rumours to make new investors panic and sell their bitcoins so that bitcoin price would fall down and they could buy it cheaply.Also some altcoin supporters want bitcoin price to fall so that their altcoins would increase in price and they too spread rumours that bitcoin is dead.
Another reason that people were simply too optimistic at the beginning stages of bitcoin thinking bitcoin could destroy the banking system, but that is probably never going to happen so they have become bitter and think of a way to try to discourage people from using bitcoin since they are frustrated because bitcoin has not achieved what they believe bitcoin should achieve.
People that say bitcoin is dead is only those who did not understand its circulation and those people that are already rich that did not believe in bitcoin but those people who had gaining income feom bitcoin will recognise it most.
502  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will survive after 100 year ? on: October 23, 2017, 06:11:13 AM
Nobody can predict what will be even tomorrow. Will humans still exist on Earth after 100 years? The question is philosophic. Maybe there will be another, more perfect system. Or maybe life changes so radical that nobody will care about it.
humanity is so intelligent..remember when is the time that the earth starts discovers high technology? i think last world war 2 the humanity is not yet discovers high tech communications and not to ellaborate it all..talking about bitcoins future i think it will survive as long as the security and its system will always updated and time comes that the whole world will use one currency and i believe that is the bitcoin., as humanity enters the new phase of digital era that no more physical money all transaction is powered by digital system the computer.
503  Other / Off-topic / Re: How many Bitcoins are lost forever? on: October 23, 2017, 02:12:19 AM
We have a untimely lose bitcoin because some time we lose bitcoin for my wallet reason and some time my close friend stolen my coin in my account because my friend know my account details and he make a stolen some bitcoin. when we do some hype site we lose some bitcoin but we can't share correct amount of bitcoin who many we lost in my life.
Bitcoins are lost forever if the holder will get died and he/she did not have any person that knows its password and detail of tje account. so speaking of how many bitcoins lost forever is depends upon on how many died that are bitcoin user.
504  Economy / Gambling discussion / Re: Should I try to win back my loss? on: October 19, 2017, 02:17:01 PM
I have around 500 000 bets placed on FJ
It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale)

I got 16 losses in a row
Starting with bet 0.000001BTC
And last bet was 0.03BTC
Counting a 0.06BTC loss total



Now, my question is, should I try to win it back?

I have a total bank of around 1.6BTC on my disposal

Odds of me losing those 16 bets in a row were 0.00179%
Somewhere around 1 to 60 000

Now, if I place a 0.06BTC there's a 50.5% chance I'll lose
If I lose, I place a 0.12BTC bet,  0.505*0.505= 25.5% chance I'll lose
If I lose, I place a 0.24BTC bet, 0,255025*0,505= 12.88% chance
If I lose, I place a 0.48BTC bet, 0,128787625*0,505= 6.5% chance I'll lose

If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9BTC (+0.03)

Is it worth it?
Should I cut my losses o.o

Odds of me losing 20 bets in a row should be 1 : 860 000
Which, with me having 500k bets, doesn't sound very good

You got into a series of losses and by some logic you should stop because it's easy to lose even more.But by some law of numbers after you lost 16 times in a row you probably should finally win in next few bets.I think the decision is just for you because money is just yours.If I was in your place I would stop for a while.Since you are in good campaign all you lost will be back to you anyway.I know it's not the same as getting a bet,but let's say it makes sense,at least for me.

If you still decide to bet good luck to you and to get back all the lost Smiley

This is exactly why gambling can never be profitable in the long run. With that mindset of hoping you can win back all of your losses, that would only result of you, losing more. It's like you're just rubbing more salt to your wound. Personally, I suggest that you let that experience be a learning lesson for you to avoid gambling anymore in order to prevent this from happening again. Let that experience grow you as an individual and mature your decision making skills when it comes to prioritizing your obligations as an respectable individual. Stop your gambling ways and move-on to the next chapter of redemption of money through investing!
we cant deny that winning is not not only the aim to gamble but i think the excitement too..if the situation is like that a series of losing then ymaybe its a lesson for us that in gambling we should put a limit. if luck dont strike on that time then maybe its better luck next time.
505  Economy / Economics / Re: How much money do you have left from your job? on: October 19, 2017, 12:40:46 PM
Well I don't have work, the salary of my husband is not enough of us for 1 month there's so many bills waiting by the end of month so I heard and I found BTC is the answer of it we got here an extra income for our basic needs. With the help of BTC I fulfill the daily needs in our family and thanks a lot of it.
The salary of my job is very less and it does not complete my house expenses I have a lot financial issues but when I have start working with bitcoin then after that my life became very relax and I have never face financial issue in my life. Bitcoin make my life easy.
Bitcoin is best solution for those who are not making well income through their job and it will help them to fulfill their need and it helped all kind of people student businessman an wage worker and more of I invest my monthly saving s into bitcoin so that there is chance to get double profit as well as it can help in hard times and also in life after my retirement and bitcoin is great savior,
Calculating all my expenses from food,house rental,transportation,younger brother tuition fee,medicine and vitamins plus girl thing like lotion, shampoo, conditioner and etc. very sad to say that from a very cheap salary in my job no more money left.That's why overtime is needed to finance everything.There are many times you need to credit from your company's cooperative.Now i join BTC I am very positive that this is a big help.
506  Economy / Gambling discussion / Re: Gambling loses and wins on: October 18, 2017, 05:31:09 AM
I already forgot my loses and winnings but I am sure that I am more on lose that win..oh well that's gambling! I learned my lessons and I stayed away in gambling for awhile now.

Good for you that you've been able to quit, i for instance have had a good year when it comes to gambling so far because my wins outweighs my losses but when i put m,y all time record together then i have lost the more and it isn't stopping me just yet because i keep winning in recent times and i'm sure it's going to continue.
That's very positive thinking, I liked a gamblers who think like that as long as they don't blame themselves when they loss.
Actually when you feel you are good in gambling and you are beginning to figure out how to win consistently it's good to continue the journey, besides you make your own decision and you are aware of the risk.

Yes, having your own gambling niche is a good thing because you can follow through that plan path until you discover better ways, i used to play martingale on roulette a lot but when i found out sports betting was even better i just quit that and focused on sports and it's been easier for me to p[redict
That is the real thouht in gambling by winning and lossing.
In fact gambling is a challenge that day by day increases your strategic and style,motivation in how to win and  doing better by next time if you loss.
507  Economy / Economics / Re: So, you want to be rich? All of you ? on: October 17, 2017, 11:03:28 AM
Becoming rich does not mean to stop working, even here in Bitcoin Talk. Are you saying if we will become rich you stop working here? Well that will never happen to me in case my luck is in here.

For me, if i will earn here and become rich, i still work with the Bitcoin Talk. Investing in BTC is the Best thing to do if you will become rich.  Wink


Those who wants to be a rich person in leaps and bounds then they should be in the world of bitcoins because the price of bitcoins are going higher and higher rapidly that's way your dreams can only be true if you invest money in bitcoins .
Really? I had invested a lot of money into Bitcoin, but why do I still a poor person? Nothing quick as your said, you must to spend your time to wait the resutl and receive your benefit from it. And you should forget the profits you can earn from Bitcoin in short time, it is only temporary and will loss any time.
It would be so stupid to say No.Believe it or not money matters most. If you dont have money we can't survive because almost everything run through money.That is why im working so hard to experience wealthy lifestyle for myself and my family.
508  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: October 12, 2017, 02:45:52 AM
Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

Yes Bitcoin will be use as a means f exchange for all in the near future
Bitcoin  came tobdefin the real cashless policy propagated by world leader.
Bitcoin is the new era of currency because of its value and most people of the world using it because of its high value and someday there is a chance that the world will only use one currency and i think there is a big possibility that bitcoin will it.
509  Economy / Economics / Re: Can Bitcoin End World Poverty? on: October 11, 2017, 02:30:26 PM
Currently Bitcoin is doing its element in ending the worldwide poverty. Countless numbers of men and women receive money from the signature campaigns below in Bitcointalk. And a lot of countless numbers of people are used by the hundreds of crypto-exchanges around the planet, in addition to people hundreds of traders who receive a dwelling by acquiring and marketing Bitcoins.
basically bitcoin has great help on every individuals looking for extra and good income, i know some people changing life to improvement
because of bitcoin but i don't believe that bitcoins ends world poverty as we know that every society on every nations differs so maybe one half of that society cannot understand of what is bitcoin because they don't know and expose for the new technology in computer.
510  Economy / Gambling discussion / Re: can gambling give you lessons in life? on: October 11, 2017, 09:42:57 AM
Gambling taught me to be wiser using money, regardless of amount. Because, so many gamblers who initially rich people became impoverished because being a loser who always lose.
Gambling tells the importance of money in one's life. Life is just about the fittest survival and no one can live a day without money in his pockets. After losing a lot in gambling, some people finally understand the idea while few are smart and stop placing huge bets.

I have seen few who have good control over their emotions and according to them; this attitude was the result of gambling.
Every situations leaves us a lesson in life. like in gambling it brings lesson in ones life because it is a race of your quick decission while gambling until such time that you are in a peak of your emotion then making such decission, an at the end you will that it is not good to make decission in every temporary emotion.
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