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641  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: December 11, 2017, 10:57:13 PM
Since bitcoin has many advantages over fiat, if you send a lot of money to your friends who are in different countries, then you will be taxed so high. But not with bitcoin, wherever you send it you will be free of tax. And remember, the fee miners and taxes are different.

That is really the good thing of bitcoin that as long as the person you want to send bitcoin to, no matter where country they live in, you can send it easily and there is really no government intervention and regulation that interfere to it.
642  Bitcoin / Bitcoin Discussion / Re: Worried about btc future on: December 11, 2017, 10:53:19 PM
If you trust Bitcoin, it's best not to worry too much as the Bitcoin price may rise dramatically in the future and Bitcoin will be recognized around the world. If this happens, Bitcoin will be trusted by everyone

Bitcoin is really now gaining its popularity and many new investors, both big and small, are coming in and keep invested. They really love the bitcoin idea and that is why its price is really going up furthermore
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643  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: December 11, 2017, 10:51:44 PM
For me I don't see anything wrong with gambling as long as you're not putting other people belongings on the line. People who say it's wrong probably did so out negative outcomes, and i would ask them to loosen up because having bad experience with something doesnt make it 'wrong'.
Truly there is nothing wrong in gambling, when gambling is legal no harm in playing out in gambling and also that is not a sin. But many countries have prohibited playing gambling in such situation gambling may treated as a sin.
Lol, Who told you that gambling is not wrong? If it is not sin, then is it virtue? Is it pious thing to make others go in debt, to change the end results of the game just to make money? Can you give a statement on the behalf of casino owners that they don’t do so, they don’t interfere with the end results?  Those countries that have banned gambling re on right track because this game is not for the welfare of people.

I am with you mate. However, if the gambler just plays for fun and entertainment without spending too much that could hurt that person's pocket, then there is really nothing wrong with it because he just wants to have some good time just like any other form of entertainment. But I really respect religion and other cultures that prohibits gambling strictly.
644  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: December 11, 2017, 10:49:08 PM
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.


"TheStreet: How do you think FinTech will impact the way banks operate?

Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html

What's your read on that?



Individuals must choose between limited options to secure their cash, banks has ensure till a sum reinforcement by the nation, bitcoin has potential, however beyond words or later nobody knows, so on the off chance that I need to pick I would go into both as I consider and have confidence in bitcoin potential and I would prefer not to banks to continue taking the expense to they loan my cash to others, they should pay me to get my cash and not the turn around.
Fluctuation in rate of crypto currency is very high than exchange of real money. Bitcoin needs no banks. It is free of involvement of any other person. Banks are traditional fees and rules & laws. But in the case of Bitcoin has no rule and regulation. You just have to access through internet. One can trade on Bitcoin easily by using internet. It may be possible that Bitcoin will be disappeared bank in future due to its unique properties.
It is not a function of Bitcoin, it created by the nature and the Bitcoin users. Honestly, I do not like to use a currency can not control the price fluctuation. But in the fact, the whale are controlling the price fluctuation of Bitcoin, they are spending their money to buy/sell it and make the traders want to buy/sell Bitcoin as their want.

Fiat money currency will eventually go its value down due to inflation and bitcoin don't have that due to the fact that it is a scarce resource as it has max cap of only 21 million bitcoins to be made compared to currency that can produce as long as the government want it.
645  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: December 11, 2017, 10:45:07 PM
https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Well it bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.
Bitcoin was abused by the criminal and the people from underground world. They had used it as the primary currency in a time, but currently, they give up it. Bitcoin is not the good coin for criminal transaction at current. Its value made the government spend more attention in this currency.

For me, criminal doesn't really matter as to what currency to use - fiat or cryptocurrency, as long as they will be able to use it as a form of payment and that is it. When they can use bitcoin, they can and that is the same as with fiat money.
646  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: December 11, 2017, 10:43:24 PM
Gambling 2x a week I think it's a great way  Grin
But still have to bet in small amounts, so if lost not lose much money. although when winning, the result is less but it will be better.

That is fun - gambling 2x a week with money you can afford to lose and just play for fun and entertainment is really a way to go to relieve some stress and just have a good time. This should always be the case for games that are based on pure luck.
647  Economy / Gambling discussion / Re: do you like slot games ? on: December 11, 2017, 10:41:27 PM
I do like slot machine you can bet little amount of money depend how much you have in your pocket and its also very easy to use. No need for strategy or anything for as long as you know how to operate it. The downside is that the chance of winning is just so little but if you are only after for fun then slot machine is good.
I also like slot games, in fact slot games totally depend on our luck, therefore I play slots games only for fun and not really for making money.
You can't make money in slot games unless you are a lucky guy. to play slot games are very easy, and easily we will lose our money in slot games. So whenever we play slot games, we have to fix one amount and play or else without knowing you will lose everything.

Slot games are games that are based on pure luck and what does mean is that, you can't control the outcome of it and just hope that you will be lucky to win. It is fun and it should be treated as it is and not for profit.

That's applies on all gambling games (not only slots), no gamblers are able to control the outcome. If there are some people who are able to do it then they would never lost any single game. To those who wants to play slot should realize that they should not force themselves to win. So I have to agree that slots should be taken as a fun game, if we win so take it as a positive side effect but if we lose then take it as a fee for the fun we get while playing the game.
Control the outcome? This thing is an impossible stuff which we do know that no human can predict next roll,if he did then he can possibly make a living through gambling but this thing do only happen on fairy tales. Slot games are enjoying for me but only on few rolls which if i do play for more than many minutes it turns out to be a boring game for me.

Correct, you cannot control games that are based on pure luck. However, you have some sort of turning chances of winning to your favor if you are skillful enough to games that require games like poker and sports betting.
648  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: December 11, 2017, 10:38:28 PM
Gambling primarily is assiciated with fun and recreation. But getting profited along with having is always welcomed. People gamble for its thrill and entertainment.

There also are people who mainly focus on profit earning. Fun part is just complimentary to them. With gambling one can get hugely profited in a stroke, if luck favours. So people look upon gambling for seeking profit aswell, while the fun and enjoyment is always there.

Gambling for many works as a stress buster just lile any other games. If played with proper amount of care and stability, gambling can turn out to be pretty fun act without breaking your bank. And with time, and offcourse luck, profit may also be a consequence.


That's exactly what I think too! Lolz. I use gambling as a stress reliever as well as when I'm bored. But really I can gamble at any time of they day or whatever my mood is, I've noticed though that if I'm in a bad mood it's a lot more fun, when I win at least Cheesy.

I'm a gamer as well and have been for the past 15 years so it's all really natural to me. I've been gambling since I was 13 or something so it's just something I'm used to as well as something that have helped me throughout Smiley.

Good for you mate that gambling works good for you versus many gamblers whose lives become miserable due to irresponsible gambling - games that are based on pure luck should be played only for fun and entertainment and not for profit.
649  Economy / Gambling discussion / Re: What keeps you coming back??? on: December 11, 2017, 05:23:06 PM
Entertainment is the thing that drives me into the gambling world. Not all of the people are driven by the entertainment and many of them are very addicted to the gambling and because of that their returning is constant. For me, gambling is a hobby that serves me as escape room from the my casual life with responsibilities and duties. Gambling makes me happy and it is giving me satisfaction from my little winnings. When the losing time comes, my adrenaline pumps and that is the reason that next win from next game brings me every greater joy. That is the miracle of the gamble - It can suck you into that beautiful world and also can satisfy your needs.

I think that majority of the gamblers are really aiming for good profit in gambling versus people that are just playing for fun. At the end of the day, it should be where you are much more comfortable - whether to gambling for profit or just for fun and entertainment.
650  Economy / Speculation / Re: What do you think ? Bitcoin is going to hit big value soon like 7000$ and more ? on: December 11, 2017, 04:17:32 AM
Well sure it will increase for sure.it can touch 7000$ and i heard in December the price would be 1000$ or plus.i am not a prediction but i believe it could be happen since the price is increasing and not dropping

at time I am writing this reply, the bitcoin price is $16,760.90.. It has also a bright future and I believe will still going to go higher because of the fact that bitcoin is a scars resource - it can only be up to 21 million bitcoins in total.
651  Economy / Trading Discussion / Re: When do YOU sell? on: December 11, 2017, 04:14:46 AM
It does not hurt should you invest each.The advantage with precious metal is thatif in some  bitcoin's value collapses (which will ne wayver happen, but it might) the gold's value stay the same, so it really is for secure-maintaning. With bitoins, ct's unstable, butth enough research you can earn more from this. wiii
knowing every aspects that leads you to be a successful bitcoin traders will add some advantage to you in terms of making decisions, as far as what  we seen right now bitcoin still much better investment than gold in terms of gains, its still an argument whether bitcoin can be  a liable assets or may  collapse
any moment so better to have more knowledge before doing any actions.
There is always a right to for each and everything which you are planning to do in your life. You just need do identify the right thing for that thing. For selling, the best time to sell your coins which you have in your wallet is when the market price of that coin which you have is increasing significantly and by selling your coins, you can actually get some very handsome amount of money. Do not sell when the market is down.
Yes, You badly need to set up some goal in order to work in a particular direction. Without any specific target, you are simply going to suffer a lot because so many people are there who are all the time staying in stress and anxiety because their coins keep fluctuating.

To avoid stress and panic selling, just stay calm and keep your energies directed towards one target. In this way you won’t easily get disappointed.

Trading really can become very stressful especially when you get to emotional with your trades - we just need and must need to stay calm and relax. By having clear and fix target, it is as if you are already winning the trades even before you buy.
652  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: December 11, 2017, 04:12:27 AM
Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.

because while you using fiat you backup current thiefs on the goverment and the way economics are manage
all over the world, this is making a new way for worlwide currencys.

Fiat money is good and there is really nothing wrong with it but the only thing I don't like it with fiat is the fact that as time goes by, its value is going to go down due to inflation. Bitcoin on the other hand has some max cap and that what makes it more valuable.
653  Bitcoin / Bitcoin Discussion / Re: Another wall street idiot, this time, Jordan Belfort calls bitcoin a fraud. on: December 11, 2017, 04:10:33 AM
Jordan Belfort is just paranoid on what people like him can do a system that is still not government regulated. Take it from a guy who spent time in the joint. But I doubt if he himself will stay away from bitcoins.

That is right mate, he must have bitcoin secretly right now because the future of bitcoin is really bright for all who have a hold of it. The more he says bad about bitcoin and publish it in the price, I think the more he will accumulate more when the price goes down.
654  Economy / Gambling discussion / Re: Does experience matter in gambling? on: December 11, 2017, 04:06:42 AM
I think experience does count when it comes to gambling. Whether that experience is positive or negative, it doesn't matter. All that matters are the lessons that have been gained from the whole experience
It does count and it all helps in different situations but with the overall outcome when you gamble, you had to be specific on what type of games you are about to gamble. If you will only gamble with luck based games then experiences doesn't matter but it's only a thing about on how you'll take the risk and on how much you can recover when you are losing.


Playing online gambling games that are really based on pure luck does not really need any experience except just on how you are going to play the game. Games that are based on pure luck are meant to be played just for fun and entertainment.
655  Bitcoin / Bitcoin Discussion / Re: Worried about btc future on: December 08, 2017, 01:40:56 AM
I think we must not worry about btc future...because digital era will long last forever..even more develop than now..and btc will more brighter than now...btc ever up and down..but that is normal...so do not worry..
Why should we worry about the future of bitcoin as it the no.1 crypto presently in the world market, no real competitors for bitcoin, no need to worry

Bitcoin has a bright future and it is showing now how powerful it is - nothing to worry and everything to gain. Just trust, hold, and accumulate more coins, not just bitcoins but other potential altcoins.
656  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: December 08, 2017, 01:39:39 AM
https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/

Would you believe that the existence of bitcoin has increased the number of criminality in  some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.

This just shows that as bitcoin develops both advantages and disadvantages will tag along.

Well it bitcoins actually made money laundering easier for criminals and the likes because of how much bitcoins cost and how untraceable are they to every who needs money transfers with a single tap of a finger. We just have to accept that the advantages of bitcoins can be abused too.

It can and it will always be. Criminals are finding the most convenient way to transact their illegal activities and if bitcoins or any other altcoins for that matter cater that needs, they will not hesitate to use it - it is now up to our enforcers to catch them.
657  Economy / Trading Discussion / Re: how to start trading with a very small amount on: December 08, 2017, 01:36:25 AM
Follow one of the most reputable altcoin traders on Twitter. See which ones of them have the highest success rate. Keep the amount per trade very low so that you don't lose too much!

That is one clever way of trading but be cautious though because they might not share or discloses everything as to what alt coins they are buying. Better do your home work and find what works for you.
658  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: December 08, 2017, 01:34:52 AM
This thread should be renamed as how the gambling or house plays you in smart ways because there are no ways that we can play gambling in smart way we will always lose in long run that is why it is called gambling.
You are right there is no possible way anyone can make profit from gambling in long run it is only losses only thing one should do is control and try not to gamble and save their funds and if needed try trading instead it is more safe and kind of easy to understand
Actually i knew someone who earn goods from the house and never fall down cause he always choose the opposite side of most people instead of choose the team which logics lead to.Of course sometimes he lost but he controlled his capital very good. So it doesn't affect much to him. Long run profit in gambling only can fit with people don't have raging and smarter than others.
I never told you can't win against house edge there are surely ways when you can win against house edge but as you said it requires patience which many might not have because thete bankroll is reducing slowly you can win against house edge but you need a huge bankroll and lots of patience

If it is a game that are base on pure luck, then the moment you win something quite big, stop and cashout - this the most effective ways of winning over the house. Otherwise, if you keep on playing and become more greedy, then you will most likely lose the game because of the house edge advantage.
thats is right the only way we can make profit in gambling is in short term if you dont stop after getting a profit or reaching our goal we will be in a risk to lose the profit and even statt getting a loss if appropriate action is not taken
I actually concur the smart way to gamble is way where we minimise our losses but make sure that we are winnings more than we lose in the long term.
you are talking as if gambling is just a game which is risk free and guarantees profit for everyone
in order to be profitable in the future you have to make sure you are making profits in the short term
otherwise nothing will work out

Gambling that involves skills like poker games and sports betting are a good long term endeavor to make a profit as long as you know very well and are skillful on how to pay it. Other games that are based on pure luck is not a good way to make a living because it is way too risky.
659  Economy / Gambling discussion / Re: do you like slot games ? on: December 08, 2017, 01:23:18 AM
I do like slot machine you can bet little amount of money depend how much you have in your pocket and its also very easy to use. No need for strategy or anything for as long as you know how to operate it. The downside is that the chance of winning is just so little but if you are only after for fun then slot machine is good.
I also like slot games, in fact slot games totally depend on our luck, therefore I play slots games only for fun and not really for making money.
You can't make money in slot games unless you are a lucky guy. to play slot games are very easy, and easily we will lose our money in slot games. So whenever we play slot games, we have to fix one amount and play or else without knowing you will lose everything.

Slot games are games that are based on pure luck and what does mean is that, you can't control the outcome of it and just hope that you will be lucky to win. It is fun and it should be treated as it is and not for profit.
660  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: December 07, 2017, 03:46:38 PM
Use low fee exchanges - there's your answer! If exchanges didn't charge anything, there would be little reason for them to exist. Every business needs to be profitable.

but comissions must be fair enough. many people can't afford to pay 100k satoshi per transaction.

That's why some member/people here always advice to investment bitcoin, the price of bitcoin day by day is always increase, so I think it is worth the amount of bitcoin that we withdraw
If you want low fees transaction, then just use doge or ltc, but before that you also need to calculate the result after you change your bitcoin into altcoin between those exchange

Just a little tip though, avoid executing unnecessary bitcoin transactions to avoid the transaction fees - if you can use fiat money in your little purchases, use it and just hold bitcoin because its amount is going up while fiat money value is always going down due to inflation.
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