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5681  Other / Off-topic / Re: How would you help with bitcoin? on: November 08, 2016, 08:20:01 AM
i would buy to increase the market, but slowly, without huge pump, that can turn into a huge dump

there is no better way than helping bitcoin, other than buying, if you simply give those coins at people for free, they will just dump...
I don't think one trader can affect the price of bitcoin. Even in stocks, several foreign investors control the price of a stock they even manipulate it to their will and not only one. Also by controlling it you must have an enormous amount of money in order to influence the market, that is why small time investors can't drive single handedly a stock price.
5682  Bitcoin / Bitcoin Discussion / Re: [POLL] Would you open a Bitcoin account at your local bank? on: November 08, 2016, 06:32:43 AM
Well its a lot to think about. But I would say that there is no need for a Bank to be open anout Bitcoin as Its out of their profession. And also some wallets also use banks as a way in which you convert your Bitcoin to Fiat, with that mode of payment it is enough for me to trust Bitcoin as a proper currency in which a Fiat Currency can be exchange. Banks are not open to Volatile investments such as Bitcoin.
5683  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 08, 2016, 02:23:55 AM
Bitcoin will likely help a particular person, not the whole country.
This is correct only individual can help by the bitcoin but country it self it can't. Bitcoin has requirement that not all poor people can afford.
If all people can afford gadgets to access bitcoin i think all people will be rich someday by the help of bitcoin.
Yes it can help a person, but not specifically a poor person because the amount you will earn online is only enough to become a side income. For it to solve a people without money the bitcoin needed to be earn must be sufficient and equal to a regular income. Well at present there is no way for you to have that big of amount as faucets won't give you enough to make a living  only signature campaigns can actually give fair rates.
5684  Economy / Economics / Re: Spending Bitcoins on: November 08, 2016, 01:12:03 AM
yeah i spending bitcoin in low amount and some bitcoin i hold for the future and becuase bitcoin will be increase its price too much higher and i will be get a big profit from bitcoin in the future.

There are some cases that I don't want to spend my bitcoins and just to hold it completely. But if there is an emergency I don't have choice but to spend my bitcoins or sell it and convert it with fiat. So, after spending it I am regretting and feeling sorry that I used to sell my bitcoins when seeing the price increasing because I miss the profit.
That is also my intention for my Bitcoin. And that is to hold ot until I need to use it for emergency or when the price of bitcoin is high for me to take profit, luckily my fiat money is enough that I don't spend anything in my Bitcoin wallet. I hope that Bitcoin can hover back to 1000$ soon so that I can convert it to fiat. And also I am not into spending my bitcoin as I only have a few options on where to spend it.
5685  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: November 07, 2016, 05:14:37 PM
I don't know about the others but for me the best way to earn Bitcoin without using your own real money is through signature campaigns. Because what you will earn in a Faucet for a month is nothing compared to 1 week of pay in participating sig campaigns. But for asking what is the best source of bitcoin, if you have the money you can invest for a mining rig in which by yourself can produce bitcoin with your computer.
5686  Economy / Economics / Re: The dream of getting rich with bitcoins on: November 07, 2016, 03:39:32 PM
you can start trading of bitcoin if you want to get rich with bitcoin there is a lot of people are going to buy bitcoin with low price then sell it with higher price price and i think it is the best way to get rich .
Trading is one of the most effective way to become rich with bitcoin but you will not be rich if you are not going to take the risk.

Yes, we need to buy low and sell high but it is just easy to say because doing it is hard. What we need to do is to have the right timing and if we are good in predicting the price movement then we succeed and might be rich in the future.

Educating ourselves is very important and we have to do it regularly to be abreast of the recent news.

Indeed mate.. trading is a risky business because we can't predict the value or the price of the bitcoin since it's normally change. We have to monitor it every now and then and wait for the right time to do buying and selling. I don't want to take a lot of risks and for as long as I'm making profit out of it that would be fine for me.
But I don't think that the prices right now which is 704$ per bitcoin can make you rich. Even if you buy it at around 650$ and you waited to sell it for 1000$ its not even enough for you to double your money, you would just gain 350$. Also waiting for 1000$ per Bitcoin to happen might take a while before you see some action. If I were you if you are not good at trading you might want to stay away from it.
5687  Economy / Trading Discussion / Re: How to be a good bitcoin investor to prevent scammed on: November 07, 2016, 01:26:25 PM
If it's too good to be true then it's definitely a scam. If you doubt investing to it, just invest a very small amount from your portfolio like only 5%.  Don't let your emotions get over with you. Just set a maximum percent from your portfolio to invest so either scam or not, you won't lose all your bitcoin easily.
Yeah right, any site or user that suggests a curious profit plan without much insight on what they are doing is usually a scam. Investing in things that are known to give profits for example investing in gambling site's bankroll is always a nice idea, since they are proven and just have to invest in the right site then.
Well anything besides Forex or Online Stock brokers you can't really trust any investment schemes online, even if they are low yielding interest. A real investment has no fixed interest issued to them as they are random and it is dependent on how you invested your money on it. Always do a background check of a company you will see that they are not real, for me seeing a referral program is one of the signs a company is fake.
5688  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: November 07, 2016, 09:33:54 AM
I don't think its still possible for another cryptocurrency to overtake Bitcoin, as the market share of Bitcoin is a lot greater than other altcoin out there. Also even if they are better than Bitcoin in terms of security and quantity it is hard for them to increase in value because  Bitcoin is still dominating. Also its still hard for Bitcoin to be introduce in local businesses what more for a new and untested altcoin.
5689  Bitcoin / Bitcoin Discussion / Re: Tesla's building a solar roof , It can be a good days for bitcoin miners? on: November 07, 2016, 06:19:48 AM
Theses might be good for Tropical Countries in terms of cutting costs, but when you compute your expenses and the bitcoin you earn you still might need to reconsider before buying solar panels. Because unlike regular electricity, solar panels are expensive and not to mention about the needed regular maintenance for them to work properly. I would rather not go with solar panels if I am a small time miner.
5690  Other / Off-topic / Re: Average Age of Bitcoin users on: November 07, 2016, 04:08:29 AM
Amazing that the results are right assuming they voted their respective ages, the majority of the voters vote Ages 22-30 years old  which shows the right age of people who want to earn extra money. Also the 2nd largest is the 31-40 yo . This certain age  from 22-40 know how internet works and has a deeper understanding about several kinds of investment.
5691  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: November 07, 2016, 02:08:45 AM
In my own opinion those methods or strategy can just help you to have idea how to play it.. but there is no assurance that you can make a good profit in those methods ..
It is just a guid how to play for me or to have idea.. i just using those methods in my own to try some technique to make profit..
There are two purpose in gambling which are to make money and to be entertain. Whatever your purpose you have to act accordingly for you to be safe. Actually it is just fine to lose money when you are having fun as that is just part of your entertainment expense but when you shift your purpose along the way that's when the real problem will come.
I don't know but in order to be entertained by  gambling you must win money, you can't be entertained when you are losing money. Either way you must win for you in order to be entertained. Also casinos are good at this as they always make you win some bets in order for you not to realize that you are losing big time. Well it is always in the gamblers mind if he is losing or not.
5692  Bitcoin / Bitcoin Discussion / Re: Why I use Bitcoin ??? on: November 07, 2016, 01:19:21 AM
Well for me Bitcoin give me a chance for me to earn extra money online which is the best thing happened to me after my allowance of course. And another thing is that it give me a chance to buy stuff online, yes there is paypal but unlike Bitcoin paypal is strict with its verification process. With Bitcoin I am happy to say that this new kind of currency help me grow.
5693  Bitcoin / Bitcoin Discussion / Re: Does bitcoin help your life in daily needs? on: November 06, 2016, 12:07:27 PM
Not necessarily in my daily life, But I am holding Bitcoin until the price gets up before converting it to fiat. What I earn bitcoin daily is not enough for me to rely on it daily, and also I don't need to as I have Fiat money to cover all my expenses. But I know when it's value goes up all the bitcoin that I hold will be big in which I know that waiting is the right thing to do for Bitcoin to grow.
5694  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: November 06, 2016, 09:24:08 AM
Investing in gambling site's bankroll is considered to be one of the safest way, as gambling sites are built to bring profit, they need big amounts of money just to cover short term losses, so they accept investments and share profit with investors.
- return on investment is really low
- can be considered profitable untill someone win big amount
- check few big wining on moneypot games, where investor actually lost big amount several times.

I had some time to invest in gambling sites, profit is not as easy as you say. you could just get a loss. and to profit as possible in a few days maybe you're just getting a few percent only
Maybe better not to strain and not to worry, to change their bitcoin and invest in gold. This metal is prized since ancient times and must not fail.
Really the best way for you to invest your bitcoin is to either Hold it  or Convert it to Fiat Currency and Invest it. By holding it you will see that your money is starting to increase/decrease its value but waiting for the right time you can sell it when you already maximize your profit. Also I recommend converting it to Fiat because there is no proper investing tool online, but with Fiat currency opportunity is endless but be careful for scams.
5695  Economy / Gambling discussion / Re: Betting on sport = gambling? on: November 06, 2016, 08:33:40 AM
yes it is a gambling but with a good amount of chance to win/succeed because you can see how a team is progressing or going down because of some analyst point and visiting their website to see their statistics before betting.
I don't think Sports Betting has better chance of winning. E.G. Lakers deafeating the Warriors shows that even if you are said to be the super team in the nba you can still lose to a weaker team. If you only based it on stats and player strenght then you are doomed to be losing as there are other factors like is the game home or away, how many players won't be playing.  Games are still unpredictable that is why I quit sports betting.
5696  Economy / Economics / Re: Is it better to save money or invest it? on: November 06, 2016, 06:08:24 AM
When I was a child, I have always wanted to save money. I used to minimize my expenses so I can save and use it during emergencies. But, as I grow old what my goal is always to invest 30% and save 70%. Investing is good but you also need to save money. Don't invest all what you have.
If you did that you won't have money left for your daily expenses which you need if you are independent that is ,  I would suggest that you calculate your daily expense for the month and subtract it for your month's worth of salary before dividing what is left for saving and investing. Also I would recommend 60-40 split with what is left of your salary 60% goes to Investing and 40% goes to Savings, As saving your money in the bank is for emergency purposes only as they don't really earn anything.
5697  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: November 06, 2016, 05:19:22 AM
I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?

Currently BTC only real use is to buy Alts.
Remove Alts and you removed their largest use and in return increase the amount of BTC, not in use which would decrease the price of BTC.


 Cool


I disagree with what you have said about the only use of bitcoin is buying alts. If that is true no one will be using bitcoin as a mode of payment like how Steam accepts bitcoin to buy in there store. I mean bitcoin is the most successful Cryptocurrency to date to prove it, it's price is way ahead of other cryptocurrency out there also how businesses starting to accept bitcoin as a mode of payment which shows other altcoins are no match to bitcoin.
5698  Economy / Economics / Re: The dream of getting rich with bitcoins on: November 06, 2016, 03:18:57 AM
yes anyone can be get a richest person through bitcoin if they buy bitcoin with low price and then hold it for long time and i think this time is right time to buy bitcoin in huge amount and then hold it for the next year i am sure bitcoin will be reach its price to 2000$ and then you can be get a big profit from bitcoin.
*Anyone can be a rich person through bitcoin. But you are to optimistic with your goal which is 2000$ per Bitcoin, the price right now for Bitcoin is 708$ which is still into the middle low price, but the last time it got a price over 800$ was 2014 which was 2 years ago, Now we can see that it is slowly climbing back up. Realistically I can see Bitcoin to just reach 1000$ next year. Also just Doubling your money can't make you a rich person it depends on how much you invest and how much you invest.
5699  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: November 05, 2016, 10:30:37 AM
Well it can affect its price in a good way because many people will use Bitcoin. And I don't think that the government will ban bitcoin because they are using Bitcoin, like the internet, the internet was first use by the military and now it is being use by everyone. Not because one bad person is using it not all can enjoy and benefit the use of bitcoin.
5700  Economy / Economics / Re: Passive Income on: November 05, 2016, 10:15:06 AM
Bitcoin wise it is not safe to enter into High Yielding Investment Program (HYIPs) because the are mostly fake and could possibly steal away your money. Of course their main target are now Bitcoin users because any people can create new Bitcoin addresses in just a few seconds. And there is no guarantee of earning money with any site you see in the internet. I would suggest not to venture around passive income involving Bitcoin.
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