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5481  Economy / Gambling discussion / Re: 2016/17 NBA Season on: December 27, 2016, 03:12:29 PM
Sad to see the Timberwolves fall on Christmas Day against the Thunder, they almost have a close game. But the good news is they have redeemed themselves with a win over the Atlanta Hawks, the good thing is they dominated the game on the 2nd and 3rd qtr with a big league, giving Atlanta no chance to have a come back on the 4th Quarter. Also their Big 3 ( Wggins, Kat, Lavine) all scored 20+ points. I hope to see them having that performance in the next following games.
5482  Bitcoin / Bitcoin Discussion / Re: Do Bitcoins have Tax?? on: December 27, 2016, 08:06:19 AM
In my opinion bitcoin doesn't need tax, because it's digital currency.
That's joke of the day LOL. Bitcoin doesn't need tax because bitcoin it's a currency as you spoken before, neither government nor organisation, the ones who need tax is the government where you're living. The tax will be used to provide services to their citizens and to make their life easier. That's why they need to get an income from the taxes as much as they can
Lets put it this way. A tax is derived from your income. Which means any of your earning whether it is legal or illegal is taxable. Which means if you are earning Bitcoin it can be tax fully. Even donating money has tax. As you have said also Bitcoin is a kind of currency, the word currency itself means money we can't escape to accept that if the government takes action we have no choice to not pay our tax that comes from Bitcoin.
5483  Bitcoin / Bitcoin Discussion / Re: The danger of the cyptocurrencies on: December 27, 2016, 06:53:24 AM

I don't think that there is danger in bitcoin, what we should really fear is the users or the scammers so we need to do more research before joining any investing or trading transactions.

Scammers user usually bring our money leaving only promise good profit which we will get in future. For example scamming through exchanger have this some characteristics such as offering the lower exchange rate, promise anonymity or offering easier withdrawal but actually they not really that easy feature. All of that only fakes. So we must keep be careful with bitcoin, on the wrong hand bitcoin can become dangerous.
There is a simple solution for that just by simply avoiding all of it can save you a lot of trouble and headache. We all know that they are fake companies with fake investment schemes. And also we all know that as of the moment no companies really have an investment program for any cryptocurrencies out there. Just by simply holding your money this problem can be avoided by people.
5484  Economy / Gambling discussion / Re: Soccer Transfer Market 2016/2017 ! on: December 27, 2016, 03:45:10 AM
January 2017 is almost here which means the transfer window will open, A.C. Milan can now reinforce their midfield but who? Fabregas and Bazoer seems to be a good target but they are not the only club that is interested with them. But seeing A.C. Milan now they can finish Serie A in the top 3 all thanks to Montella using all the best lineup to win a game.
5485  Bitcoin / Bitcoin Discussion / Re: "Everyone already knows about bitcoin" no.. no they do not.. on: December 26, 2016, 06:50:48 PM
Well there is no harm done by having absolutely zero knowledge about Bitcoin. What I mean is you are asking people who are working in a bank, obviously they are more concentrated on Fiat rather than focus on something they cannot invest with. Also I still consider Bitcoin as a new kind of currency that still needs to be accepted by businesses.
5486  Bitcoin / Bitcoin Discussion / Re: If no one spends bitcoin what might happen? on: December 25, 2016, 07:43:55 PM
We should know that to increase its value our money should be out of our pocket and circulate in the economy
like in real economy
If people start holding their bitcoin the price will go up , but that doesn’t mean that it will stay going up instead at some point the price will go down and this is mainly due to the reason that there will demand on bitcoin and if the price goes really high they will lose that demand and that is why there bitcoin community is divided between spenders and the one that saves it.
It does not matter if you spend or hold your Bitcoin ( It does not affect the price of it). What matters is the the demand and supply of it. We all know that Bitcoin is limited to only 21,000,000. It's only a matter of time that all of it will be mined out and many people will hoard it up for its price to increase.
5487  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: December 25, 2016, 03:11:41 PM
Nowadays i don't think if those altcoin can exist without bitcoin because bitcoin can handle itself without this altcoins we can use bitcoin by just trading it into fiat money or by playing it into gambling websites, Altcoin for me is just a alternative rout for bitcoin be exchange to had better profit.

As quoted bitcoin can handle itself without the altcoins, but at the early days of bitcoin existence altcoins helped it grow with potential. Also everything requires competence, same as that competing with altcoins bitcoin grew.
At my perspective Altcoins don't have any effect on Bitcoin. Every month there are new Altcoins introduced in ICOs and they come and go but I don't see that it affected Bitcoin in anyway. Bitcoin has the largest market share in terms of users/owners, also not all people are traders so you can see how it cannot affect the price outcome of Bitcoin.
5488  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: December 25, 2016, 11:21:28 AM
Why specifically with Bitcoin when you can buy with any valuable.I never bought any drug but the title gave me other impression.There all already so many negative news about usage of bitcoin for.We need to promote it as exemplary to encourage the people with positive news than drugs.
Why use bitcoin to buy drugs instead of real money?
The answer is simple because using bitcoin is totally anonymous so when you pay for something it does not require you to enter any personal data or id card so even a 10 year od kid can use bitcoin and buy drugs without getting caught.
Even though it might seem that you're untraceable in the bitcoin world, your drug dealer can still give your details. They are going to deliver it to you, right? Then they will get your whereabouts. The IRC or the website that you talked at, that can lead into catching you. Even if you use VPN, I doubt that you're 100% safe. Using fiat to buy drugs is safer because there's no trace. You can see the bitcoin transactions in the blockchain and that can be used to trace you to the drug dealer's address. In fiat, no one knows whose hands did the money come from.
That's the bad thing about readers. They always jump into conclusions without even reading the content yet. Reading just the title won't give you anything but just the introduction to the content. That is how the media puts sides on the story. You can destroy reputations without even reading the whole article. This is a bad practice for people who are brainwashed by the media.
5489  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: December 25, 2016, 05:59:49 AM
The best way to earn bitcoins nowadays is:faucets(small amount or bigger amount of satoshis,it depends on  the faucets) and trading.I intend to learn more about trading,because in the future I want to grow my Bitcoin income through trading.Hyip is too risky to invest Bitcoins there

With faucets you won't earn much BTCs, only if you have many referrals generating comission for you. If you do a faucet run, about 100 faucets, you probably will earn only 20.000-30.000 satoshis maximum. It's a lot of effort to earn few satoshis.

I prefer to use only the good main faucets, low income, but I don't put a lot of effort on it and I'm supporting the micro earnings industry, at least the best of what they have to offer.  Smiley
Faucets can provide good income source if you have many referrals. It does not require any skill or knowledge so many people are attracted towards it. Without referrals daily earning is very low but still it is good to earn something without doing anything that's why I am also using it daily.
i think faucets income is not such a big income, if you want to make a good income and safe income then you need to invest your bitcoin in alt coin as only trading can give you a safe and good profit, you just need a little knowledge about the coin in which you are going to invest your money.
Keep in mind that you can't earn something if you lose money within the process. I know the idea of faucets is claiming to get a small amount of satoshi but by that process you are actually incurring expenses everytime you claim. It is because your computer is running which consumes electricity. The satoshis you earn is not enough to cover the electricity you use with your computer trust me.
5490  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: December 25, 2016, 04:13:43 AM
No how. Gambling can't give any steady income to anybody. But it can give steady outcome for addicted people. The one way for make some money that I can suggest about gambling is investing in a casino. I heard that this can bring good profit.
possible investments in gambling sites really can be an advantage very much, because the gambler is always there, especially if you are investing on the popular gambling sites.
gambling can not provide steady income to anyone, because the profits on gambling just by luck. the only way to change gambling into a profitable activity is a way to win, but it will be very difficult.
What do you mean by Investing in Gambling Sites? Do you invest literally on gambling sites like you earn a percentage on their profits? If that is what you mean I am interested in joining one, do you know any gambling sites that accept investors? Or what you mean by investing is putting all your money in bets? If that is what you mean then it is not investing you are doing but it is gambling.
5491  Bitcoin / Bitcoin Discussion / Re: If bitcoin died tomorrow on: December 24, 2016, 08:36:37 PM
If bitcoin dies , Zcash will up and running the show. It's just a matter of switching to an alt coin.

For sure everyone will have to migrate to another coin to continue but it is probably hard to believe if bitcoin really dies, what about the people holding thousands of bitcoins in their wallets and what about the ones running exchanges and other websites with bitcoins? They would surely cry all day and then move towards something else.
According to me it would never happen because Bitcoins are now blood of online business. Most of the sites are running only on Bitcoin.

If this happen many people lost their business and it would result to biggest loss in the history of online business.

Yes I have to agree with you. Bitcoin's progress in terms of being accepted by businesses has gone far compared to any other altcoins out there. Yes even though it is now eminent Bitcoin as far as I know is the only cryptocurrency accepted by Businesses. If Bitcoin dies tomorrow then the progress of cryptocurrency will go back to zero, it will even be hard to trust cryptocurrency again.
5492  Bitcoin / Bitcoin Discussion / Re: Starbucks accepting bitcoin on: December 24, 2016, 07:16:53 PM
Well if this is true it can be a game changer because of its unique idea in which you pay Bitcoin in their application. Not needing to fall inline to take your order and then getting the Bitcoin address your sending your payment too, instead you just pay it directly to the app. If some companies follow what Starbucks did then Bitcoin has a good future ahead of us.
5493  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: December 24, 2016, 11:22:35 AM

I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin.
Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption.
You also have to convince if accept bitcoin will have benefits for the local business.

Exactly, the first one that must accept bitcoin is the government because it is the one who will legalize to ones country before the local businesses accept the bitcoin as their way of payment. Once the Govt. Make it legalized then it is will easy for the local Business to follow and accept bitcoin without any fear.


Yeah that is one of the dilemmas a business owner will need to handle. The government can charge than anytime with tax evasion cases just by having Bitcoin with them. But we also have this local Bitcoin Wallet provider in which we have the option to pay our bills online, I don't now their process but it is legal that even electric, internet companies accept the payment. I think it is better that way than the government handling to pass another law for legalizing Bitcoin in their country.
5494  Economy / Gambling discussion / Re: Soccer Transfer Market 2016/2017 ! on: December 24, 2016, 04:30:34 AM
A.C. Milan won the Supercoppa Italiana today against Juventus by penalty shootout 4-3. I am glad that even if Juventus scored early in the 1st half they have recovered by an equalizer and forcing it to a shootout. Juventus has been defeated twice now by A.C. Milan this season. Even if Juventus is the #1 in Serie A, Milan knows how to win with what squad they have. I hope the sleeping giants will be on top in Italy again. Serie A needs to be back in form again.
5495  Bitcoin / Bitcoin Discussion / Re: Bitcoin implants? on: December 24, 2016, 03:37:27 AM
I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body?
How about ur wallet, physical wallet? Why going to blood & gore stuff if u don't need too?
I don't like idea of implants, its too physical when its no reason to.
We already have physical wallets devices like trezor and keepkey, ledger for smaller screenless size. Seems like this is already here and being used.
Well isn't the idea of having a phone with your wallet app physical enough? What I mean is that isn't it the idea of having a wallet app to be portable and you can use it anywhere?  Also mobile phones are enough because they show your transactions, they show what you have, you can send or receive money. Putting it in your body might make it worse in terms of features.
5496  Bitcoin / Bitcoin Discussion / Re: Very little Press Coverage of Bitcoin's Rally this time on: December 23, 2016, 05:59:33 PM
Well media is media, they only make things "news worthy" if they say so. Also its not their fault, because they are only showing news for the general public. The general public is what makes them the money for them to earn. We need to accept we Bitcoin users are few compared to most of the population. Plus a lot of question will come to mind if they make it a big scoop.
5497  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: December 23, 2016, 01:19:54 PM
In my opinion Bitcoin will still be Bitcoin, and I think that it would be a revolution if bitcoin still exist in that year, that would be an innovation for all bitcoin users and it would hit that big because bitcoin are getting and getting large and stable and would progress in that 20 years of still in existence!

Yeah agree, bitcoin would be the golden stock in near future. I am sure all the people would be crazy for bitcoin. As satoshi speculates Bitcoin would hit more 10000$ in year of 2050.  To see the current price still bitcoin didn't touch the feet level also.
10,000$ for a currency that is not even regulated by any country yet? I doubt that your expectations will happen to that point. Having the year straight forward to 2050 makes it even hard to think about that goal price yet, even my country changes the look of our currency every 10 years. Also I don't that any person will hold Bitcoin that long, 34 years to Hold something is hard to do.
5498  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: December 23, 2016, 05:21:14 AM
it is best idea because the newcomers in Bitcoin always need to make the buy and sell simple and easy , for this Bitcoin bank will prove good .
Secondly I think the idea of  Bitcoin bank will make Bitcoin more legalised .
How can it be the best idea for Newbies? When Bitcoin Wallets itself proved that it is safe to hold your money there. And the idea that Bitcoin will be more legalized because they are banks for them is wrong. Because if it is illegal Banks won't accept it in the first place as for following rules and laws of their country. Also Banks don't buy and sell your currency they hold it and loan it out.
5499  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 23, 2016, 03:52:11 AM
Well i don't think it is a dream anymore. It is reality - you can really get rich by using bitcoins.

There are people who really went from having nothing to being a millionaire simply because they adopted bitcoin "early". Right now, it is still early. If you bought in just 3 days ago you would have made $100 per coin, and if you bought in something substantial like 10k coins you would have made 1 million dollars there.
Well that is true, but you really need to be rich in order you can obtain 10,000 coins to make a million. Plus I know almost all people don't have that kind of amount. We are talking about her is starting from the bottom because the dream is "to become rich" not "to be richer". I hope you get my point because it is easy to tell that 100$ won't make you richer.
5500  Economy / Gambling discussion / Re: 2016/17 NBA Season on: December 22, 2016, 01:46:35 PM
At long last the Minnesota Timberwolves had its first winning streak, I know it is not a big deal having 2 consecutive wins. But with the Wolves's Off Season expectations they are expected to be reaching the play offs, Now I am seeing them picking another lottery pick. But I hope that this season will be the last season that they will be out of the lottery. I hope Wiggins and Towns will be at Minnesota for the foreseeable future.
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