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5961  Economy / Economics / Re: Bitcoin worth to you or not... on: September 23, 2016, 05:51:56 PM
Price stability for Bitcoin won't be the same as Fiat currency. Why? Because no countries are identifying Bitcoin as a real currency also the price movement is a large volume of buys and sells happening in a day a man decided to sell all his XMR when the prices goes up and buys BTC when the prices goes down. The only problem is when you bought it at a lower price it goes down to a further lower price.
5962  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: September 23, 2016, 09:02:01 AM
We can't predict this, but I don't think it can be used by almost everyone in that year, to be honest.
It would take many more years to be accomplished this.
Or it won't really be used by everyone by any years to come. Bitcoin for now is known to be a currency for online users who is commonly associated to hyips and other investment scams online and no government wants to be associated by that kind of work. Also Btc has reached a pretty high amount of value it does not need a lot users to get to another higher amount.
5963  Economy / Gambling discussion / Re: what fun in GAMBLING? on: September 23, 2016, 07:42:30 AM
That is the point, gambling is fun like that as you feel that you can win a lot of money, of course if you lose you are sad but it is fun while you win a lot of money
It's not always about the money. I know people watch betting games just for purely amusement purposes and they are no part of any bets. I know people just watch Gamefowls or Horse Racing just for fun. Its more than just winning money than makes gambling fun, also it can be a good past time for people who are looking to get out of stress.
5964  Economy / Economics / Re: How too get rich on: September 23, 2016, 07:17:56 AM
i know you can start being rich after you stopped those dreamming and start working. you want to be rich then you have to take the matters in your own hands you have to start a busness and run it successfully just look at other companys like amazon today

dreams can make our spirit to become rich. so the dream was as high as possible, because it really motivates us to work hard and achieve the dream. I always apply it to my thinking.
Hard work and dream can push your self to be rich in your future.. and save more and more can bring your self to have a good dream.
If you do hard work and you can do multiple work in the same time you can get more earnings and more savings that you can use for your future.
Yeah hard work is the key of success that you can give you more earnings and more savings that you can save more and more to have a your own business if you are planning and i am sure you will be rich..
yes there is no doubt about this that hard word is the key to success, but i think this formula is not fit for making money, because money is depend on your luck if you are lucky person then yo can make good money without any hard word. as if you invest your money in bitcoin and sim ply hold it for the price increase you still surely make good money without any hard work.
Well he was asking a general question and you answered  stop asking and start working. That's not a right answer nobody can ever be rich just by being an employee, being one takes your time, rest, and an opportunity to be rich. People in order to be rich needs their money to work for them. Yes I know make your money work for you means investing into something that can generate income with itself like businesses.
5965  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: September 22, 2016, 05:12:22 PM
OKC still has a solid roster. I don't think they finish 7 or 8.

I think they could easily be fighting for a 4-5 seed with the talent and
big men they have. Granted replacing Durant sucks but the rest of the
roster is solid.

Solid but not championship caliber. OKC right now looks to me a team that would be carried single handedly by WestBrook.
I will always bet on the OKC match up this season when it formally starts but this time I will fade myself and bet on the opposing team, they should be more predictable this season although they have a good coach, no wonder westbrook will make it a triple double per game but they will lose.
we cant say that buds as okc got new face and we are not seeing them yet i guess westbrook just needed a back up that will
allow him to rest for a while a player that can give some points for them while westbrook resting at the bench.
At the gamblers point of view I would not expect the OKC will even make it to the playoffs, it is a different story when there are many stars in a team as no man can carry his team alone, even kobe needed shaq then gasol to make it to the championship. Westbrook not even the level of kobe on his prime.


Don't underestimate the OKC rooster for now, they have still high caliber rooster to lift up and place some spot in play offs eventhouhg withouth durant in their line up westbrook can still heat up and bring some wins in their home so possibilities to be a dangerous team is in there, and westbrook is unstoppable player as you can see at their games he always brought up huge score and that really helps to make their team win so i don't question how westbrook would bring his teammates this season since he is a dangerous player inside the court.
For me im seeinv my Timberwolves a slight advantage to the OKC. Don't get me wrong but the match up against them will be a tough one especially Andrew Wiggins and KAT will be entering their 3rd and 2nd year, respectively. Also Rubio is a pretty defensive player 3rd in steals in which can be a good match up for Westbrook. But I hope both of the teams will make it too the playoffs especially the wolves.

That's something probably just correct predictions, because now the Timberwolves are currently has a pretty good game and satisfying. I'm not sure that the Timberwolves will benefit or a victory in this competition. Because I see they still don't have enough good in defeating their opponents
It's either the Minnesota Timberwolves purposely lose and tank this season to get another young prospect or try to win it all and hopefully attract big name players. It is not impossible for this state to attract big name players as Billups, Cassell and Sprewell have played with the team. Hopefully Kris Dunn will be a Star for Minnesota hoping for him to steal the Rookie of the Year awards and maybe trade Rubio for a good shooting guard.
5966  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: September 22, 2016, 02:58:13 PM

Good or not it can not be sure because we can not guess what happens in the next few years. It takes confidence to be able to invest 1 BTC. If last year someone had invested bitcoin until now, I'm sure now he gets a very big advantage. Any hope of such events also occur in the future.
You see we cannot predict the exact price of Bitcoin but what can we do is predict its trend. Whether it is an uptrend or a downtrend, we are not sure of what will happen next. But the disadvantage of bitcoin is that you can't use fundamental analysis to it which is use for long term investment. You can't background check it like a company if its doing good financially, earning/loss report and maybe its P/E ratio. All of which are important to see if BTC has a good future.
5967  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: September 22, 2016, 01:17:29 PM
OKC still has a solid roster. I don't think they finish 7 or 8.

I think they could easily be fighting for a 4-5 seed with the talent and
big men they have. Granted replacing Durant sucks but the rest of the
roster is solid.

Solid but not championship caliber. OKC right now looks to me a team that would be carried single handedly by WestBrook.
I will always bet on the OKC match up this season when it formally starts but this time I will fade myself and bet on the opposing team, they should be more predictable this season although they have a good coach, no wonder westbrook will make it a triple double per game but they will lose.
we cant say that buds as okc got new face and we are not seeing them yet i guess westbrook just needed a back up that will
allow him to rest for a while a player that can give some points for them while westbrook resting at the bench.
At the gamblers point of view I would not expect the OKC will even make it to the playoffs, it is a different story when there are many stars in a team as no man can carry his team alone, even kobe needed shaq then gasol to make it to the championship. Westbrook not even the level of kobe on his prime.


Don't underestimate the OKC rooster for now, they have still high caliber rooster to lift up and place some spot in play offs eventhouhg withouth durant in their line up westbrook can still heat up and bring some wins in their home so possibilities to be a dangerous team is in there, and westbrook is unstoppable player as you can see at their games he always brought up huge score and that really helps to make their team win so i don't question how westbrook would bring his teammates this season since he is a dangerous player inside the court.
For me im seeing my Timberwolves a slight advantage to the OKC. Don't get me wrong but the match up against them will be a tough one especially Andrew Wiggins and KAT will be entering their 3rd and 2nd year, respectively. Also Rubio is a pretty defensive player 3rd in steals in which can be a good match up for Westbrook. But I hope both of the teams will make it too the playoffs especially the wolves.
5968  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: September 22, 2016, 08:40:20 AM
One of the reasons is that  people wants to make other people believe  that bitcoin is dead, saying it is a scam  in order to other people stop  using it and turn to other  alts. It is a selfish interest,  as you can see.

I don't think that scaring people on the internet will make bitcoin users switch to altcoin. I don't know any person who sold all their btc in exhange for Altcoin it will be a foolish thing to do. Also Bitcoin saying that it is a scam won't work for people who already experienced the used of Bitcoin. What they are afraid of are the real scams you see on the internets such as hyips and cloudmining sites.
5969  Other / Beginners & Help / Re: Doubling Bitcoin? on: September 22, 2016, 07:51:41 AM
What do you mean by doubling bitcoin, it is the same as doubling your money when you have for example twenty dollars.
You have to make the same amount again to have it double. A good way of earning bitcoin is by trading if you are any good at it.
What he means by doubling bitcoin is the easy way. The sites that popout that claims to double bitcoin, but what they are really doing is getting the money from the last one who deposit to them and pay you back. Also OP said that if there is an easy eay to double bitcoin. Trading is not an easy way to double BTC you might even lose more than what you earn. And Yes there are no easy way to earn btc.
5970  Economy / Economics / Re: How to teach kids about Bitcoin? on: September 22, 2016, 03:27:08 AM
It is risky to let kids into Bitcoin world. Not maybe because of Bitcoin itself but soon they may get involved with illegal stuff and markets that Bitcoin is also conected to (like Darknet). And how wise is to let kids to deal with money on their own?

Well, so they don't will learn about dollar because dollar can buy crack? That's it?
Blockchain is the future, blockchain will change the world, bitcoin is the better example of this technology, why not teach your kids?
Let the kids build a new world!
I agree on you reply chief MonkeyJunk ,i think also its better to teach them now cause it will help them a lot especially now as investung also they will learn how to handle money and how to make smart investing. Kids now are very agressive and exploring things they didn't know especially now the modern technology .but Chief BingoDog i think if they got connected to darknet its so dangerous especially making transaction there , i think kids won't do a transactions on that part of internet unless they don't know that every move they do FBI is watching them .if they know the sanctions or consequences when they track they will surely be afraid off.
I disagree with you. First of all why will you teach kids first hand about a virtual money rather than the curremcy you have in your country? Teaching kids about saving first is a good idea for them to know the value of having money for emergency needs also teach kida about investing money in stocks, mutual funds which is steadier  and stable than BTC or any altcoin in circulation
5971  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: September 21, 2016, 01:30:40 PM
In terms of price bitcoin hasn't move that much. Also its now only 4 months till 2017 due to the recent activities like the halving bitcoin had greatly been below 700$, although maybe it will come across the 700 dollar mark near December. Now in terms of bitcoin's popularity I can say that it had a major stried this year with how many online sites accepts btc as a mode of payment also many sites are giving away bitcoin for free although not that much.
5972  Other / Off-topic / Re: Are you buying bitcoins? Why? on: September 21, 2016, 10:32:14 AM
I am buying about $5 in bitcoin a week for a long term investment.  There is no way I can afford much more at this time, but it works out for me to buy in small amounts while I can and before the cost in fees makes it not worth it!!

You are doing some kind of DCA( Dollar Cost Averaging), which I don't think is good for Bitcoin. DCA is good for long term investment and BTC had reached its recents peaks. Also not timing your conversion of fiat to btc can really hurt you price wise. That's why many people now don't hold btc what they rather do is day trading. If I were you ill wait first before buying Bitcoin.
5973  Bitcoin / Bitcoin Discussion / Re: Is stealing Bitcoin illegal? on: September 21, 2016, 08:57:31 AM
Stealing is stealing, no doubt about that.
Why would it be any different if it were fiat that you were stealing?
The value of them are relatively the same with more bitcoin is worth. Undecided

Yes! Even though others are saying bitcoin is still not covered by the law, but we must stick we our morality that stealing is really a bad act. It is a criminal act no matter what and where a person is going to do that. If it is cyber stealing or not and still it remains a criminal act. But if that is just an accident of sending someones bitcoin then that is not a crime at all, you can just return it to the sender.
The legality of bitcoin is still into question. Because if stealing bitcoin is illegal no fake companies, investment centers, hyipswill exist online. I don't think FBI has interest in catching people who stole virtual money.
5974  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: September 21, 2016, 08:14:12 AM
People don't hate bitcoins as far as I know. Maybe only investors and bankers cause it can cause competition but I don't see why any person would just hate bitcoin.
Maybe because it's also involved in criminal activities but so is fiat.
I don't think investors will see Bitcoin as a competition. What investors see  Bitcoin is an opportunity for them. When investors see a good thing they stiudy and invest to it.  The same goes to banks  they see opportunity the only problem is banks don't accept btc but as soon as the governmemt approves btc I knoe bank companies has plans rolled out already.
5975  Economy / Gambling discussion / Re: what fun in GAMBLING? on: September 21, 2016, 07:13:10 AM
What fun in gambling is winning, there's no way that someone would be happy if he lose in gambling, only insane people would be happy about that. But I guess the "fun" that we're talking about here is not the really "fun" we are finding for the rest of our lives because how can you be fun if the money you're having right now is form gambling which is an illegal act it's against the bible. the real "fun" can be only found when we are doing the right thing and what we really want that won't cause any trouble to us or won't cause harm to someone. So, there's no such thing as "fun" in gambling it's just infatuation. We just thought it was fun to win in gambling but the truth is it is not "fun" at all.
its a lust that we satisfied so you are correct its not a real fun especially when we are losing money because theres always a big risk when you are playing the possibility to burned everything that you have.
When your mind and body stop from what you are doing regularly your mind will try to tell you that gambling is missing from you. It will mess up your mind easily because its addictiveness can blind any person who does not have guidance. Money is irrelevant for gamblers if you try stopping them, they find ways how to have money to bet.
5976  Economy / Economics / Re: Is it better to save money or invest it? on: September 21, 2016, 01:17:15 AM
It is better to save money with most of the money and invest a part of it saving money will be something which is sure but investing can have negative results. So I'd pick a little bit of both.

In what part did saving has negative results? I don't think that saving is going to have negative results at all because I know it has positive results.

Because you are the one who is going to benefit it if you are going to be a good saver of money. Just like a kid they are treating saving as investment.

Because they are going to benefit it in the future or if there is an emergency happening.
Well believe it or not, saving can have negative interest rates, for example there are some banks, that instead of giving you positive interest rates have negative interest rates, the banks are charging you money for the privilege of holding your hard earned money!
I can't believe that people think of Banks as a form of investment, no they are not as banks are only good for saving money or losing money from inflation. Also I would encourage for people who don't want to take risks you should go to mutual funds or money funds, they give a steady increase more than banks do ans it is much safer than the stock market.
5977  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: September 20, 2016, 02:27:42 PM
Yes I think it will be used by alot of people by then because the bitcoin infrastructure should be complete by then i guess.
And then more shops adopt bitcoin causing a massive increase in people that will use it.
Lets assume that the all the bitcoin is mined do you think everybody will be a part of that 21,000,000 BTC? I don't think so many people will hoard Bitcoin to control its price and sell it little by little just to take advantage of the higher price. Also I still don't think local businesses will entertain BTC as mode of payment because of the way their government runs things.
5978  Other / Off-topic / Re: Will you accept bitcoin as your salary? on: September 20, 2016, 01:21:57 PM
No, i prefer receive my salary  in fiat until bitcoin be more accepted  in my country, because exchanging bitcoin into  fiat everytime is not very fair, but maybe somewehre  salary in bitcoin is real.

Yes fiat is widely used and accepted and we can buy anything with it and the scenario is totally opposite with bitcoins, so its not a smart move to for accepting bitcoins in terms of salary.
Isn't it quiet funny that you people are pushing for bitcoin to be accepted worldwide as a mode of transaction or payment processor yet you don't want BTCitcoin to be accepted as your salary. By accepting it as a salary more people and more company will trust BTC as a 2nd kind of currency you need to build trust when it will be accepted as salary it is inevitable that the price will go up. But we must not forget that our government will have the final jusdgement if BTC will be accepted in your country.
5979  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: September 20, 2016, 08:11:41 AM
Well if the governments banned bitcoin It won't have much effect on its price as it is circulated online and anything online is hard to track even the FBI and CIA can't solve it. Also the abundance of wallets available will make easy transfer of Bitcoin from wallet to wallet. Just like torrent sites use proxies and new sites to stay alive they won't be shut down for good.
5980  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: September 20, 2016, 05:52:05 AM
i think bitcoin because bitcoin transaction is very faster and its transaction fees is very much lower than Paypal and bitcoin is available and acceptable in all world and paypal is not available in some countries , so bitcoin is much more better than paypal.

bitcoin transactions aren't faster than paypal's transaction speed. both are instant where paypal doesn't require you to wait for confirmations. that's the only advantage paypal has over bitcoin.
You can say that paypal's transaction are faster but the process of confirming your account to them is long rather than the verification process of the bitcoin wallets I use. Where paypal needs to have a confirmation of a VISA credit card and other supporting documents while my Bitcoin wallet only needed my student ID and a selfie of myself. Althought the real advantage of paypal is that many online merchants accept paypal transaction maybe because BTC is something new in the process.
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