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61  Economy / Gambling discussion / Re: How do you know if a gambling site is scam or not? on: September 18, 2017, 10:42:18 AM
For what I know and heard of when it comes to gambling, gambling can only be a scam if it sounds really good that it will attract people like how you can easily win or there are several “people” who won already inviting you to also play the game and try to be one of them who already won. For me that’s a scam. Because honestly speaking the reason why its called gambling is because you are betting for an outcome or result who you don’t know yet and mostly people will just say luck will decide it or will smile to you if you really deserve it. Gambling for me are is a scam if you are taken in by the flow of the promise and by the game then you will loose all you have.
62  Economy / Gambling discussion / Re: How can gambling help you with your life? on: September 18, 2017, 09:45:06 AM
I'm not so sure if gambling like the sorts where you bet can help me but if it’s the type of gambling where I place my decisions on to what to do or what path should I take then that can improve my decision making and self awareness of what’s happening or might happen that will test me on what is the best path or road to take. Yes, I know that deciding on an event that can affect your life is also called gambling because you're betting on your future but being optimistic and intuitive will also help giving a person more hope to hope for the best for their future while doing their best or part to achieve a task. That is the gambling that I know can help me with my daily life.
63  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: September 18, 2017, 09:22:44 AM
For me when it comes to playing smart be it in everyday life or gambling is to know your limit and when to start or stop. Avoid gambling all you have in one go. Try to “test the waters” first by placing some small amount that you know you can part ways with. Even if you win at times never get drawn into the crown and their provocation that its your lucky day that you should go ahead and continue. This is usually one of the reasons why people who gamble at first looses a lot. They don’t know how the process works and the hidden rules by all gamblers. It is not ashamed to be called a coward by other gamblers on the table after to win let them call you anything they want its your way and your safety strategy and do not be like them.
64  Bitcoin / Bitcoin Discussion / Re: How do you keep your bitcoins? on: September 15, 2017, 12:05:35 PM
I keep my bitcoin by also investing to other good platforms which has a good track record, since if I just hold on to it , yes the price will be much higher but it doesn’t change the fact that the amount will still be the same like in the banks. That’s why investing half of my bitcoins and keep in the other half is my way in handling and keeping my bitcoins with result.
65  Economy / Economics / Re: What is the best short-term investment you have ever made? on: September 15, 2017, 11:53:53 AM
The best short term investment that I made is during the time that a friend of mine needed funds and is looking for possible investors for his small Burger Stall. We talked and he is able to properly brief me with the specifics on how the business will grow and earn and how he can pay back the investment amount that im thinking of giving. Months passed and yes the business grew and my initial investment doubled. So for now that would be the best short term investment that I did. Sadly it lasted for a year and 2 months.
66  Economy / Economics / Re: Is USD being used for illegal activities? on: September 15, 2017, 11:43:48 AM
If the USD is being used for illegal activities is a yes and no doubt about it, its already in the news since long ago that people are also using USD to do illegal activities. Since the USD is one of the most powerful currency that you can use for any trade be it local or international its not a surprise that individuals or groups who do illegal things will have their eyes focus on the USD since it's much easier to use and exchange.
67  Economy / Economics / Re: How many Bitcoin do you have saved? on: September 15, 2017, 11:33:25 AM
Right now I don’t yet have a 1 Bitcoin only satoshi’s which is the smaller denomination of Bitcoin. Well before I have several chances to get Bitcoins but the problem is I let it slide and got scammed before,  now im a bit frustrated over myself for ignoring it. That’s why currently I'm doing investing in some ICO, signature campaign and micro services etc... to gain more satoshis, slow it maybe and the amounts that I receive are too low but since the price of Bitcoins increase these satoshi’s will worth a lot I the future.
68  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: September 15, 2017, 11:22:22 AM
If Bitcoin will be a legal currency the first things that im thinking or events is that a lot of people will suddenly become millionaires or perhaps billionaires once it became legal. Since before the Bitcoin boom happened a lot of people have already traded and kept their bitcoin. Now those peoples expectation are bearing fruit giving them more excitement that they are already rich with a digital currency that they can use anywhere on the globe.
69  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS BETTER THAN WESTERN UNION ? on: September 15, 2017, 11:02:24 AM
In my experiences after transacting with both, I can say is that Bitcoin is much better than Western Union. My reason for that is because every time I transact through Western Union they charge a lot just to send an amount making me spend more than the amount that I only need to send. When compared to Bitcoin yes there might be some blockchain fee but at least its not that high compared to what Western Union is asking.
70  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: September 15, 2017, 10:46:30 AM
I'm holding on to my Bitcoin for a long term,  while watching its price and importance climb up making its way to society. It wont be long until everyone will start using Bitcoin and so the advantage that the people who currently have Bitcoin is that they will have more Bitcoin than the people who just recently heard about it. I cant wait to have Bitcoin as a global currency when transacting online, even though the price is falling down for the moment.
71  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: September 15, 2017, 10:23:51 AM
The only situation that Bitcoin can die is by the limitation of available devices and gadgets to transact using Bitcoin. Also since devices highly depends on power and electricity to run if there are any interference in an area like power outage and other natural and man made disasters then the use of Bitcoins will be much limited. That’s why conventional cash made from paper and precious metals will still be used even if bitcoin became widely available.
72  Bitcoin / Bitcoin Discussion / Re: How do you convince people into you using Bitcoin? on: September 15, 2017, 10:12:24 AM
I can convince people in using Bitcoin by first spreading the information by the use of social media and from there I might include some pictures about my transactions when using Bitcoin. That is one of the most effective and cost efficient way in convincing people which is proven. Once someone messaged me about bitcoins or any information about it then I would gladly answer their questions to the best of my knowledge.
73  Bitcoin / Bitcoin Discussion / Re: Will bitcoin be used to support terrorists? on: September 15, 2017, 10:00:45 AM
Regarding Bitcoin supporting terrorists, for me its possible since after surfing online reading some articles about using Bitcoins to buy guns and other explosives similar to what the terrorists are using then it’s highly possible that there are people using Bitcoin to support and fund terrorists. Since Bitcoins are also harder to track when transacting it doesn’t leave enough trails to trace where its been sent and to who its been sent to. I just hope that people will be aware to use this new technology to help and improve the lives of people and not to destroy lives.
74  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: September 15, 2017, 09:38:50 AM
For me is nah, a currency without its own market is unstable. Since the current price of Bitcoin is due mainly to people rushing to get their hands on it or due to the demand. Bitcoin doesn’t have its own economy to represent so there will still be a high chance that the price of Bitcoin will lessen. And as of this time even if the price of Bitcoin reached $10,000 to one bit as per the what the economists or Bitcoin enthusiasts are expecting its still unstable and will fluctuate a lot.
75  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: September 15, 2017, 08:57:28 AM
My personal opinion about this question about some countries not yet accepting Bitcoin or not yet recognizing Bitcoin is that since what I know is in economic view a governments lifeblood came from taxes and implementing taxes in wages and other goods gives a government funds that they can use for infrastructure or other expenditure. But since Bitcoin as of this time can be mandated or controlled by a government yet means they cant collect any taxes. For me I think that would be one of the main reason for the other countries to not accept Bitcoins.
76  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: September 15, 2017, 08:35:16 AM
In my opinion it's impossible, banks can't be replaced by Bitcoin, Yes Bitcoin can be a valuable asset in the future but it can never replace a physical financial institution like a bank. Since banks is also considered a backbone of a nation when it comes to financial funding, banks have the backing of a government. Banks are also a solid form of guarantee that provides loans and it is also a place where people store not just their money but also other physical valuables like gold or other precious gems.
77  Bitcoin / Bitcoin Discussion / Re: Could Bitcoin ever replace conventional money? on: September 14, 2017, 03:01:45 PM
If Bitcoin can replace conventional money will be no, Bitcoin cant fully replace conventional money. Since bitcoins rely on the use of devices which runs on electricity, without electricity to power the device it will be impossible to transact using bitcoins. That’s why conventional currency will still be widely used since it’s a physical currency that anyone can use even if a disaster or calamity struck an area or even without the use of any gadgets and available energy supply.
78  Economy / Economics / Re: How can we make more money? on: September 14, 2017, 02:31:25 PM
There are several opportunities and ways to earn money, one is by working, another by investing and the other is by trading. The traditional way is by working or providing services to other in exchange of monetary amount, the downside is that you will only be dependent on your salary to survive but the risk are low. While the business minded individuals mostly choose by trading and investing. The reason is that they are aiming higher but the problem is its much riskier compared to just working as an individual since just one wrong decision will lead you to loose everything that you invested in.
79  Economy / Economics / Re: What is your best investment strategy? on: September 14, 2017, 02:16:58 PM
My best investment strategy will be if I will invest over something like a business or to the stock market I will first try to do some research on which companies that is trying to expand their business and from there I will divide and divert my funds to the companies who I know I can benefit from. I will invest half and use it to buy stocks while the other half is I will hold for now waiting if there will be other opportunities. Currently some of my friends on facebook using this strategy and somehow its working for them.
80  Economy / Economics / Re: How to double your money using BTC? on: September 14, 2017, 02:02:32 PM
There’s three way that I can think about when it comes to doubling your earned Bitcoin, one is by investing it to a company who offers to increase it but usually now days almost all the companies that you can see in the internet are fraud. The other is by gambling which is too risky since you will gamble and only be dependent by luck, last will be you will be the one to work it out, there are several Bitcoin faucets , service jobs that pays in Bitcoin that you can do. It’s a lot of work but it’s the most safest way in adding more Bitcoins.
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