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521  Economy / Economics / Re: How to save money. on: August 28, 2015, 02:30:43 PM
The best way to save is to spend less and save more...and do more busines ore something Smiley)

Spend less I get, but save more?

I thought the purpose is to spend money eventually, cause whats the point if youre 60 years old and barely touching the money when you know you can die from anything.

What can i see in this case is, the best to save money is invest in something really important, like OP said in 1st way, the advice is helpful.
just save money is means nothing, at least you will spend it, i'm sure.

Yeah and if you spend it then you can't say that you are saving, as saving requires a great level of discipline and Saving in something important and valuable would be a great thing which can give you best returns in the future, So no need to take higher risks but invest in something that would give you some safe returns for sure.

That's right, but people is too greedy, anything which have high offer for investment they will do without thinking any risk. until they forget if the healthy is more important than anything.
I hope someday there are a insurance company which can accept bitcoin as investment Cheesy

lol, there are people here who would take insurance for investing in bitcoin itself Tongue Its not about being greedy man, everybody wants to be rich. You're talking like you're not being greedy by having a job and stealing employment from someone else Tongue Get my point? I think it would be stupid to invest in something which has the potential to benefit you.
522  Economy / Economics / Re: Is bitcoin dead? on: August 28, 2015, 02:27:50 PM
A $ price does not dictate whether or not bitcoin is dead or not.

As long as two or more people are using bitcoin it is alive.

price going sideways for a while or going downwards

yes, the price of dollar might help in determining how the market trade and demand is, but it is certainly not something which donates what the conclusion of another currency is, especially a digital currency. In a perfect scenario and continuation of the rise of bitcoin, the price and value of 1 bitcoin would always be equal to another bitcoin. 1 BTC= 1 BTC
523  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: August 28, 2015, 02:19:05 PM
Heres how you double your Bitcoin: Bet on the boxing fight in september (mayweather vs berto). All in on mayweather until the returns are double of what you are investing. Of course mayweather losing is always a possibility so don't blame me if shit goes wrong, remember it's your money and you do whatever you want with it.

So you are just offering him an advise which directs him to gamble on a sport, rather than do something more constrictive. Further, you tell him that you are not responsible for his money, and you run along. Hah, you're a funny guy. If somebody knows better investment platforms or options, that would be pretty awesome to share with the community. I'm hungry for some cool investment opportunities Cheesy
524  Economy / Economics / Re: Do you think Bitcoins has a great future in India? on: August 28, 2015, 02:15:32 PM
Bitcoin has a great future anywhere there is electricity and commerce.

You need electricity to access the blockchain.

You need commerce to provide opportunity for bitcoin to be obtained or used.

I think it's that simple.

So India? Yes.

You not only need electricity, you need a device that can connect to the internet, so this means an entire village could run  on a single smartphone acting as a bank, of course ideally you want every single person owning a smartphone/computer.

yes, even if internet connectivity is an issue sometimes, bitcoin wallet could still be accessed through sms and trading is possible. A lot of people underestimate the potential of bitcoin in India, and rules and regulations not supporting something like bitcoin does not satisfy the people making them not be involved in something like this. Rest, hardly few people know what's bitcoin here, lack of media attention in India towards bitcoin.
525  Economy / Economics / Re: Alright , Time to Dump or Time to Buy ? on: August 27, 2015, 06:56:15 AM
I guess , its time to Buy as the worst case scenario could be 200 , and i think The most It will hit 210+ and again it will Bump Up!
so its time to get some.

Same logic as stocks right but Bitcoin does not appear to be anything as "rational" as stocks.
As a newbie in this field, I would try to buy some at 200 to speculate but the floor is infinite.

I think if you are really interested to invest now, you should perceive the situation by investing slowly at equal intervals of time. For example, if you are looking out for an investment of 1000$, invest on 1 bitcoin a day and another bitcoin another day. This day you will maintain your average and wouldn't lose out big if price goes up or down rapidly, so you're averaging and that's a nice strategy for me when I enter something new Smiley

Don't you think playing safe can risk your profits? Keeping in mind the current market state, you're either in or out, there's no in between. It's a gamble, just like stocks, so you can't really 'average' if you want to make good money. Study the speculations and make your choice, bulk investment seems like a good idea right now.

Playing safe when investing has never really put me at a loss, I can actually really average. The reason behind my idea of per-day investment is simply that if the price of bitcoin is assumed to be 200$ today, it will fluctuate constantly at such a phase and cause prices to differ from 200$-50$ atleast. Wouldn't mind averaging that price, I am in it for long term and don't matter if I average it now, my investments will be much stronger once the market reaches its desired maturity
526  Economy / Economics / Re: Alright , Time to Dump or Time to Buy ? on: August 27, 2015, 06:24:47 AM
I guess , its time to Buy as the worst case scenario could be 200 , and i think The most It will hit 210+ and again it will Bump Up!
so its time to get some.

Same logic as stocks right but Bitcoin does not appear to be anything as "rational" as stocks.
As a newbie in this field, I would try to buy some at 200 to speculate but the floor is infinite.

I think if you are really interested to invest now, you should perceive the situation by investing slowly at equal intervals of time. For example, if you are looking out for an investment of 1000$, invest on 1 bitcoin a day and another bitcoin another day. This day you will maintain your average and wouldn't lose out big if price goes up or down rapidly, so you're averaging and that's a nice strategy for me when I enter something new Smiley
527  Economy / Economics / Re: Bitcoin trading strategy on: August 27, 2015, 06:22:35 AM
patience is the golden rule
takes alot of your time
strategy is to earn more bitcoin while you are trading
like waiting game Smiley

Trading does not seem so time consuming to me, one must have an eye for calculated risks and profit making opportunities, once a person is working around the bitcoin market often and understands the knowledge behind when and where the market can change, it becames fairly predictable to deal with bitcoin. I like to trade keeping graphs for revision, many websites offer such assistance.
528  Economy / Economics / Re: Greece Cannot Pay, Greece Will Not Pay on: August 27, 2015, 06:20:40 AM
The question is, if Greece managed to leave euro, that could mean other countries which are also in debt can also follow suit and do the same. Eventually when more countries follow the same action, it can only mean that the whole union will collapse. These has been projected to happen for some time now and I see no other solution.

The very reason why Euro is still funding Greece and taking a hit on its finances is that if Greece leaves, so does other important countries which seem like a liability but actually are the asset to Eurozone, and the reason why Greece is still in Eurozone is because Greece knows exactly what's in store for them when they go independent and they're getting attention because of their geographical position, nothing else.

If Greece leaves Euro; Countries like Spain, Porteguese and Ireland will follow them. That results complete destruction of (so called) "Euro Dream"

For the moment those are only words. The situation in those countries is to much different from the Greece. First of all their all have an economy which produce; so able to pay the debt. In different of the Greece who the only economy is the tourism; If the people want to go to the beach Greece have money. If not, no money.

Greece was doing pretty alright before their failure to deliver the debt amount, most of their economy was being fueled by the money made from tourism. A lot of people question how can a country survive on money based solely on tourism to which a perfect example could be Singapore, they are not in debt but rather have excess funds in their treasure box Wink Tourism brings all that crazy amount of money, making Singapore one of the best countries to be involved in business with.
529  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: August 27, 2015, 05:59:58 AM
lemme know if u ever manage to double it lol.

For a newbie, I would ask them to watch youtube videos and gain knowledge about everything regarding bitcoin. Do signature campaigns and make the little btc you get, collect and trade it at times when you need it. Make sure that you are able to keep track of everything and after a month, take that bitcoin or 1.5 bitcoin and invest it in a cryptocurrency related venture or something else, wouldn't really recommend gambling because of the risk factor. However, if risk is something you're willing to take, try not to gamble the money on online website, that's shit
530  Economy / Economics / Re: If Greece defaults on: August 27, 2015, 05:03:46 AM
Greece will be again in a big mess with the resignation of Tsipras and with the division of Syrisa. The new political appearance will be unknown and very difficult to be managed. This mean difficulty with the partners and withe reforms. I bet that soon will be more troubles there.

I don't think that could be the case, I read that Tspiras has reasons to quit and I think they are satisfactory, he's onto something good don't worry Smiley The political appearance might seem unknown and people will question their managing skills but there would be votes and the authorities would be chosen out of justice so I think It will all be okay compared to what shit people speculate!
531  Economy / Economics / Re: What do you guess about he future of bitcoin? on: August 27, 2015, 04:59:10 AM
I agree with you, bitcoin will not be able to eliminate FIAT but it could be a reserve currency of the world,but i not agree if to be super secure place to save money

Bitcoin cannot simply overcome FIAT simply because of the monopoly government shares in the economy, the people who have invested their money in bitcoin are concerned more about profit, I have observed very few people who really love bitcoin and blockchain. So in a hypothetical situation where the govt offers more value, they will side. Also, defeating fiat is one of the biggest challenges in history, I can never imagine reserve currency to be bitcoin but if fiat is defeated, I actually might Tongue
532  Economy / Economics / Re: Did Bitcoin Ruin Your Life, Or Help Your Life? on: August 27, 2015, 04:52:15 AM
I don't see how Bitcoin could ruin your life unless you cause yourself to ruin it using Bitcoin as the medium to do it. As far as myself, it's done nothing but help me, and I'm confident it's done nothing but help all its other users as well. From my standpoint, the ease to accept the currency is great for traders as there are no chargebacks or fees. Using bitcoin to flip to fiat or any other type of good is easy too so there's nothing bad that's happened to me that I didn't cause in terms of BTC.

appreciate how your words defined that we are only as capable as our actions, and we must own up to them and take responsibility about our actions. Our financial problems too, are often easy but we don't think clear and complicate lifestyle and business due to financial drama. Bitcoin has only helped me simplify such financial issues and I've had a good time with bitcoins Smiley
533  Economy / Economics / Re: Tell me your predictions about Bitcoin on: August 27, 2015, 04:50:09 AM
There was big talk about bitcoin becoming mainstream in 2015, but I don't think it's going to be at the very least 3 years before bitcoin goes mainstream like Wikipedia did 10 or so years ago. New things take time to adapt and as far as an open-source technology like bitcoin and blockchain is concerned, it will take a long time still until people can trust the digital currency and be confident the currency will not collapse. By then the price will probably be quite high.

Yes, Bitcoin is quite far from mainstream adoption. Even educated, (reasonably) net-savvy people might not have heard of Bitcoin right now. I have tried explaining Bitcoin's principle to a lot of people. Most of them have never heard of Bitcoin before. I think at the next block reward halving (2020), you will have fewer bitcoins, mass adoption and an amazing price.  Grin

There's a difference miles apart between educated and net-savvy people, a lot of highly educated individuals do not comprehend to the continously changing technology, and a lot of tech savvy people are often uneducated and lack a couple skills which had potential to be sharpened. About Bitcoin, I used to talk about it often, way often but realized that bitcoin could only be successful if marketed well. Imagine one of the best reporters and analysts talking positive about bitcoin twice-thrice a week! BTCBTCBTCBTCBTC Cheesy
534  Economy / Economics / Re: Alright , Time to Dump or Time to Buy ? on: August 27, 2015, 04:45:46 AM
My idea is right now you should start buying but do buying in parts like if u want to buy 10 btc then u buy today 1 btc after 2 or 3 days buy 1 more like this if you give gap you will get the fluctuation benefit and your average will be correct, so when it raises you can sell and earn profit.

that's a pretty solid idea for people looking out for a solution for their volatility troubles especially when they are considering to buy bitcoins. Although I am very supportive of bitcoin, I had an interesting 'nightmare' today which questioned my opinions. I noticed how similar bitcoin is, to the shares and I wonder what if bitcoin websites are shut down and people vanish, who will the cops go to? Satoshi vanished singing 'IDFWU'.
535  Economy / Economics / Re: Is it better to save money or invest it? on: August 27, 2015, 04:30:47 AM

There is another angle to this. It is not easy for foreigners to purchase real estate in other countries. There are usually some clauses associated, for example: The person needs to be in a particular country for a minimum of 6 months or so before they can purchase immovable assets like land, home or an apartment. Add to this South east asian countries are absolutely infamous for red tape and just generally, making life difficult for foreigners. Even if he has 100K with him, i guess he rather diversify his investments into various asset classes and if real estate is one of them, buy it in his own country after doing proper research to ensure he is not buying into a bubble!

Well then those idiot politicians will miss out of billions of dollars of foreign investments.

Whereas countries with less red tape and more friendly to foreigners, will become the next Hong Kong. We all know that taxes and regulations fuck up the economies, so the first country's politicians who realize that will be the next safe haven in the 21 century.

I`d look for Singapore and Thailand, they are probably not the cheapest, but they have a stable society, whereas many asian countries could have a revolution in the queue.

Real estate is a tricky business altogether, its mechanics and integrating it with world economics can only draw more speculations. Speaking about Singapore, they have pretty cool infrastructure, strongest banking system and also has the fourth largest exchange system in the world. Best financial sector, inflation is low around  1.9 and we all know about how much money Singapore gets from tourism; plenty!
536  Economy / Economics / Re: Best way to make a living online? on: August 27, 2015, 04:24:33 AM
EBay is still I believe the best way to gain experience making money from the Internet for two reasons –

You are pretty much guaranteed to make some kind of sale and thus experience a transaction
EBay has the traffic, so you don’t have to worry about marketing your product beyond creating a good listing, the eye-balls are already there

Ebay can have good traffic, that doesn't mean anything.

It's like saying the internet has good traffic. billions of people go on the internet everyday. But it's so saturated that your thing will be hard to find.

A good product which is useful, efficient and makes people happy obviously gains attention on the internet, do you people know about crowdfunding projects? I've been in that field for quite a while. Crowdfunding is when your potential customers pay you money in advance to deliver the product if they like your video pitch and if you already have a working demo, you'll make that dollar
537  Economy / Economics / Re: How many people are using Bitcoin debit card? on: August 26, 2015, 08:08:36 AM
I dont understand this ,what is the benefit of the ATM'sand debit cards when the point of bitcoins is an easy alternative transaction ...
why would people go back to cards again.

I think very few people opt for such services, cashing out your investments to buy groceries could possibly the worst case scenario for investors man. The transaction fees is much more than debit/credit when using the btc debit card, I understand that because exchange rates are also calculated. Bitcoin could be a payment gatweway to pay for goods and services online but the logic of buying btc from fiat, then withdrawing btc just to treat it like fiat. WHAT'S DAH POINT?
538  Economy / Economics / Re: Will a bank being hacked boost adoption of bitcoin? on: August 26, 2015, 08:03:03 AM
Short answer: no. Longer answer: Nooooo.

Banks are hacked, robbed, etc. all the time. The money is insured, and people don't lose their life savings due to such an attack. If a bank is hacked into and the news is publicized on national television, the Bitcoin price will most likely spike in response, but this is 100% due to pure speculation, no actual adoption takes place.

As for the comment on bitcoin spiking, I think it would only spike if there was a huge level of cyber break.

Like on the corporate level and having funds being split off multiple ways which they cant trace or the hacker has a level of skill they couldnt handle.

But even then, the bank will always insure your money is safe since they have so much of it.

yeah man, bitcoin market is very sensitive when the volatility of bitcoin does not advantage them, then bitcoin is really bad for them but when it boosts, they invest even more. If any bad news comes up, btc market shakes up and eventually crashes down causing panic but when things work in favor of bitcoin, 1/4th of the % of people who leave btc, join it.

I mean there is a reason behind this. A lot of Bitcoin traders use technical analysis- a strategy where you base your orders and transactions based off of actual factors (anticipating a price increase after Greece, and a decrease during XT debates, for example). In addition, you have everyone else who holds Bitcoin. Most people are hodling for years to come, but for weak-stomached investors, something bad could mean cashing out, at least partially.

and that is also quite understandable, bitcoin traders could really invest their time in determining price and making calculated decisions, afterall it is their investments, and being a little cautious is never too bad than being a little too risky Smiley Despite the speculation regarding price increase after Eurozone vs Greece and questioning the future of bitcoin with Bitcoin core Vs BTC XT, I think we all pray that our investments perform better Tongue
539  Economy / Economics / Re: What do you guess about he future of bitcoin? on: August 26, 2015, 07:07:54 AM
I was watching the movie Zeitgiest which argued at the very end of the film that we are slowly moving into a world governed by technology and not politics. The way I see it, Bitcoin is one way the world is moving in that direction. I suspect by the year 2018, Bitcoin will be a mainstream currency and it will be accepted everywhere. We will not need federal reserve notes or debit or credit cards. You will be able to pay for everything with your phone.

2018 is not that far away, and I feel like itll still be in the growth stage, just a couple new services to add in the community by VC`s.

And hopefully exchanges are trust worthy enough to gain more traction.

as much as I would like to believe in his dream and believe it, I want to, but let's wear the big boy pants today and think about how the world really works. Currencies cannot be replaced or altered so easily, the rules and regulations will never permit people to trade bitcoin as a currency despite of the adoption, because the government would force people to maintain conduct and use centralized currency, deeming btc illegal
540  Economy / Services / Re: Hello! I need some help with 1 logo , pay with BTC and accept ESCROW . on: August 26, 2015, 03:33:36 AM
I've been a professional graphic designer for the past 5 years and working in the advertising and marketing field too, from nearly half a decade and I think I could benefit your company, I seek some interest in clothing too, even make t shirt designs. I can help you with a couple things, you must PM me if you are interested. Best of luck for your project Smiley
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