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6581  Economy / Gambling discussion / Re: Gambling sites on: March 23, 2017, 04:58:18 AM
Is there a way to see how much gambling sites makes?

Most of the site's now shows how much they won or how much they are in profit. So what you have to do is just go on that site and see site's profit. Case solved.

Correct, because I think showing this gambling site how much money they are earning in a day or in a week is confidential, that is why they are only showing the History of their sites like the players history, I mean those players who win or lose.
So, if you really want to know how much money a gambling site can make in a day, it would be better if you would contact the owner of a certain gambling site.
6582  Economy / Gambling discussion / Re: What is better? To gamble or to invest? on: March 23, 2017, 03:45:33 AM
Investments are rather better compared to gambling, Investments liked fixed deposits, treasury bills are sure investments that yields dividends no matter what happens, There is no way to lose money with those investments compared to gambling.

I agree on the Investment is better compared to gambling part, but I don't agree with you when you said that "There is no way to lose money in investment." because not all of the Investment sites out there are legit, most of it turned out to be a scam and run off with all the money that all of their investors invested to them, I mean those HYIPs out there.

And if we are going to talk those Gambling Investments, I would say that it is not that safe also, it is like using your money in gambling in a way, the only difference is the percentage of losing your money here is lower than the percentage of losing your money in gambling.
6583  Bitcoin / Bitcoin Discussion / Re: Is bribing via bitcoin a good idea? on: March 21, 2017, 07:52:04 AM
With 1000 dollars each, it seems that bribing with bitcoin would be a good idea.  One USB stick will do the job with no third party required.

Whenever bribing via bitcoin was a good idea,  It can be use for most of the time in different forms of some illegal activities in any aspects of a business in this world. Its not because is an open source we take to use it in bad purposes, that's not right at all.

It looks like we have got bad guys here, who are just brave enough because they are anonymous in using bitcoin. Well yeah, you are correct that bribing via bitcoin is a good idea for you since you are completely anonymous when you are going to use bitcoin in this illegal act, but, let me inform you that there is still someone out there who sees you in whatever you are doing in this world, I know you know Him.

And, bribing via bitcoin is not a good idea for me because it is illegal, and the worst thing that could happen to you if you get caught is in jail.
6584  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: March 21, 2017, 06:15:59 AM
Bitcoin is already the first most talked crypto currency, just few years after creating it. So we can predict it will be even the most used currency worldwide after 20 years from now.
That's a bold prediction, I think you mean majority of the world's population are going to use bitcoin, that would be possible but the success rate is not that high. We have seen how the government react about bitcoin, they just rejected the ETF application which everyone thinks could help the progress of bitcoin. Let's think that without the support of the government, massive adoption will not happen and despite of that I still believe bitcoin can still live to serve a smaller portion of population in this world like what is in the current situation.

ETF has been rejected by the SEC, but it doesn't mean that bitcoin have no more future anymore, in fact, it do have one. Bitcoin could survive without this ETF being approved by the SEC, but, its price will still experience this fluctuation without this bitcoin ETF approval. So, we have to do the usual, we have to keep on earning bitcoin and saving it and wait for the right time to convert, for us to have profits in the long run.

Maybe someday, we could have another chance to promote this bitcoin ETF and the SEC might approved it this second try. We just have to believe in bitcoin, and I know that even though it has been rejected by the SEC, still, many people will use it once they know that bitcoin is so amazing to use.
6585  Bitcoin / Bitcoin Discussion / Re: The danger of the cyptocurrencies on: March 21, 2017, 05:40:59 AM
Well, as of today, it is not possible and I think the countries are not that intelligible enough to embrace bitcoin fully and that they foresee the worst scenarios and also the currencies in each of the country establish a deep root in their culture and also an identity of their nation.

In conclusion, bitcoin may be apart of the economical state of a country but it can never be embraced fully nor be more dominant over their own currency.

Maybe today it is true that bitcoin is not yet acceptable for the Government that is why they have rejected the bitcoin ETF, but who knows, maybe someday in the near future, bitcoin will be embrace by all the people around the world and of course the Government will embrace it too. We just have to give them some time for this one, to think whether they are going to accept bitcoin or not in the near future. But right now, I know that they are always keeping an eye on it, thinking if its really worth to give it a try for bitcoin.

And if this things happen for real, then we don't have to worry anymore about the bitcoins price going down, because I know that it will continue rising day by day, if this ETF will be approved by the SEC.
6586  Economy / Gambling discussion / Re: ANY STRATEGY TO WIN IN GAMBLING? on: March 18, 2017, 12:54:34 PM
hello guys,
is there any proven strategy to win at least $5 daily?
NO martingale rule please.

It depends on the game that you want to play in a gambling site and there is no such thing that you could estimate the profit that you could earn doing gambling in a day, because it is hard to predict random bank rolls if we are going to talk about playing DICE. Earnings in gambling is unpredictable, so there is a possibility that you could earn more than $5 in a day or maybe lower than $5.
6587  Bitcoin / Bitcoin Discussion / Re: if they can...why can't Bitcoin? on: March 18, 2017, 11:41:31 AM

I just don't understand why they always find ways to be little Bitcoin. It's becoming too many, if you feel the coffee coin can help you then go ahead and use it why would you come and talk another coin down?

I am not sure if we are going to use bitcoin to buy coffee, it will help to someone? I don't think so. Maybe we are just trying to shout out to all the people out there that I'm a bitcoin user so die in jealousy, which is wrong. Spending our bitcoins in this of stuffs is not really worth it, we are just wasting the profits that we could have if we are going to hold our bitcoins so that we could have profit in the long run, so for me, we should not spend our bitcoin as long as we could use fiat on buying things like buying a coffee.
6588  Economy / Gambling discussion / Re: Gambling addiction. on: March 18, 2017, 09:43:49 AM
i think because when he gamble, he's won a lot of money, it's make him want to earn money again and again. But if he doing that, maybe he'll greedy and lose all his profit before and then he deposit again for gamble. It's make someone addicted with gambling
Winning in the gambling games was very seldom to be happen in 100 round of the game you can only experience of winning less than 5 times only and the worst not a lot of money. Many loses than winning in the games,  Smiley

For me, the reason why someone get addicted in gambling is because of LOSES and not the winnings. Losing is the one that's pushing us to go on until we win, to win back all the money that we have lost, but most of the time, we lost, and keep on trying, even though we don't have enough money to gamble, we are still finding ways to have money, for us to continue gambling.
6589  Bitcoin / Bitcoin Discussion / Re: 2.5 btc tx fee on: March 18, 2017, 09:24:01 AM

Whoever sent that transaction fee that big accidentally is crying right now, lol. 2.5 bitcoin is a big deal, maybe not, if he have too much bitcoin in his wallet, and it is not a problem to him to earn that amount of bitcoin that is why maybe he put the transaction fee into 2.5 for a faster transaction, and if its true that he just accidentally sent it, then he's doomed, 2.5 bitcoin is not that easy to earn.
6590  Bitcoin / Bitcoin Discussion / Re: Bitcoins Investment: risk or benefit? on: March 18, 2017, 08:37:11 AM
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?

No investment is safe, especially with Bitcoin. The price is very unstable, so it can go down at any time and your investment will be over. When investing in anything, you need to assume some risks. There is a benefit only if the price keeps growing, like it did in the last few weeks, but do we know when it's going to stop growing? We don't. The scenarios of countries accepting Bitcoin is unlikely, at least at this moment, except if they want to experiment some kind of a test on us.

It is true that the price is unstable, but you could never lose profit if you are going to invest in bitcoin, why? It is because the price is unstable, the possibility of its price to go higher is more than the possibility that its price won't go up anymore. So, anytime would be a great opportunity to invest in bitcoin, but it is more better if you are going to invest in bticoin as soon as possible, for you to have more profit.
6591  Bitcoin / Bitcoin Discussion / Re: Saving bitcoins on: March 18, 2017, 07:03:56 AM
You can't save your bitcoin directly to a bank unless there is already a bitcoin bank in your location. If it is not yet available then it will be converted first on your country's currency or your prefered other currency option. The rate will be depends on the bank because sometimes they have differences.

I guess there were some countries that uses and accept bitcoin legally and so the bank accepted in some, I guess in the Philippines the Central Bank there accepts already If I am not mistaken.  But dont worry as soon everyone will decide to accept bitcoin because of its so much popularity.


Central bank of the Philippines are accepting bitcoin but not for investment, just a payment on every transactions that their customers going to be make to them. But yeah, I'm sure that in the near future, bitcoin would be accepted everywhere, as an investment, as a payment, or whatever they want to do with bitcoin. We just have to wait for this thing to happen, and keep on holding our bitcoins.
6592  Bitcoin / Bitcoin Discussion / Re: How much of your wealth is in Cryto/Bitcoin? on: March 17, 2017, 04:18:42 PM
Out of interest I'd like to do an informal poll to see how much of people's wealth they are willing to put into Cryptocurrencies or Bitcoin... percentage-wise of total investments/networth

I would only put half of my money into bitcoin, because I do still need fiat more in my everyday expenses, and because can't be use in any stores here in the real world, so it would be wise not to invest all of your money into bitcoin, since fiat is the one that we still needed the most, and I would invest my money only to bitcoin because if I am going to invest it as a capital for a Trading for example, it will be hard for me to predict and always checking if it is the right time to buy and sell coins, too many things that you need to do in Trading.

Unlike if you are going to invest your money into bitcoin, all you have to do is to wait for the right time to convert some of your bitcoins from time to time to have profits in the long run.
6593  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: March 17, 2017, 01:48:22 PM
There is no point in holding up bitcoin when prices are going down and you already buy it on a higher price. you have to sell that coin to reduce your margin of loss. Saving bitcoin for future is good but only if you have the guts to not to worry if the prices are getting too low.

There is only no point on holding your bitcoin if you are a panic seller, I mean just a temporary DUMP of bitcoin, and you have just sold it all because of being scared of losing your profits, but did you have a profit when you sell your bitcoins just because of a temporary DUMP?, NO, maybe yes but not a huge one, why? because you could have a larger profit if you didn't panic just because of a temporary DUMP, it is just normal, and bitcoins price would go back to normal in no time, most of the time its price goes up even more higher than its last price after its DUMP state.

So, if we are saving, and holding our bitcoins because we believe that it is a good idea to earn profits in the long run, then we don't have to panic every time that DUMP state happens to bitcoin, all we have to do is to relax and wait until it go back again on the way it is or even more, in that way, we could have a huge profit just like what we are expecting.
6594  Bitcoin / Bitcoin Discussion / Re: 4 Things I Learned as A Bitcoin Holder on: March 17, 2017, 12:34:26 PM
A great article though and what a very inspiring story from wansfang. Chinese surely is good when it comes to money matter.

And I guess I'm on the right track upon reading the first thing that he did that sticking on the long term investment.

That's why I'll keep my bitcoin for the long term investment.

You bet. If it's comes to money, Chinese are the ones who are good on doing business, and good on managing their money, why? it because they are not afraid to lose their money, they are taking the risk to know what will happen in the end, even though they failed on a certain business, doesn't mean that they are going to stop trying, instead, they are keep on trying things to work out until they achieve what they want, and that is to completely make more money by their businesses.

And this story is really inspiring, especially for those people who quit doing bitcoin or believing in bitcoin because they have failed on their first try, but it is not enough to quit, because as long as do people live, there are still hopes, so we just have to keep on trying until we get what we want or what we need.
6595  Bitcoin / Bitcoin Discussion / Re: Cup of Coffee on: March 17, 2017, 12:10:45 PM
Bitcoin was always supposed to be digital cash.  It even says so in the original white paper title.

Where did this myth start that we need to 'let this go'?



No one uses cash at starbucks. It's all phones, credit cards and debit cards. Try and buy a beer on a plane. They don't take cash. So saying it's like digital cash is a little outdated at this point. We're dealing with digital gold.

It is not true that no one uses cash in starbucks, in fact there are people who are using cash on starbucks, because not all people that go to Starbucks do have this credit card or debit card, here in our country, most of the people still prefer fiat to use in this kind of transaction rather than credit cards or debit cards. We are just using credits cards if it is really necessary like if we run out of fiat, and we don't have a choice but to use credit cards.
6596  Bitcoin / Bitcoin Discussion / Re: Saving bitcoins on: March 16, 2017, 02:49:07 PM
I don't think that banks will ever start accepting bitcoins in future as its an threat to them and its an tough competition to the banking system and they might start adopting blockchain technology in future but they will never support bitcoins for sure and when it comes to saving bitcoins then its better to save them in bitcoin wallet instead of saving in banks as you will get better results by selling them when price goes higher in future.

It is true that banks are not yet accepting bitcoin as an investment to them, but there is a bank here in our country(Philippines) which is the Central bank of the Philippines which is accepting bitcoin as a payment on every transactions that are going to be make to them by their clients or customer. Click the link to read the article.
https://bravenewcoin.com/news/the-philippines-central-bank-approves-new-bitcoin-exchange-regulation.

And I know soon, banks will accept bitcoin as an investment.
6597  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Asia on: March 16, 2017, 01:29:45 PM
~snip
Im from the Philippines too.
Central bank of the Philippines is making some regulations that they can monitor Bitcoin but they also recognize that Bitcoin is a currency/crypto currency.
With the help of some companies especially coins.ph ,Bitcoin in the Philippines is no hassle in buying and exchanging Bitcoin to cash.

Yeah right, I am surprised when I have heard about this news that the biggest bank in the Philippines are now accepting bitcoin as a payment on every transactions that their customer going to have with them, and I am hoping that the next thing that would happen is that the Government here in the Philippines would approved bitcoin as a currency, I mean it could be use in any transactions, like if we are going to buy goods, or anything that we need in our everyday lives.
6598  Bitcoin / Bitcoin Discussion / Re: Which one will you used? on: March 16, 2017, 12:25:29 PM
there are a lot of us demand shop that accepting bitcoin as payment, but from this forum i found out that there are some people unwilling to spend their bitcoin, so I want to asked If you found a shop that accepted bitcoin and fiat as payment, which one will you used?

if you are using bitcoin then maybe today 1 apple is 0.0008 btc , but tomorrow with 0.0008 btc you can buy 2 apples, but if no one used bitcoin for shopping then there won't be any shop that will adopting bitcoin anymore

so what will be you choice?

I would still use fiat, because bitcoins price is always fluctuating, so, I could lose profits by using it on buying stuffs online, that is why if I could use fiat to buy the certain stuff that I want to buy, I would prefer to use it over bitcoin. It is important to make wise decisions on using our bitcoin just like this, we don't need to use it on something like this if we do have another option, and we don't need to convert it if we don't need it, if the price gets high, it doesn't mean we have to convert our bitcoin, that is what I mean.
6599  Bitcoin / Bitcoin Discussion / Re: So no one cares about ETF decision, right? on: March 16, 2017, 11:54:01 AM
We haven't seen any huge downfall (as expected) after the decision of ETF. Do you think that we as bitcoin users have not paid any value to the ETF's decision?

In the case of disapproval, the predictions were floating around below $1,000 mark but we haven't seen any such mark.

Is it too early to speak about it or we have given a message to the world something like this?





Interested in exploring community's opinion about it. Bears must be disappointed because they lost the chance to short for huge points.

It's not that we don't care about the SEC decision that they didn't approve the bitcoin ETF, so we experienced this huge downfall of the bitcoins price temporarily, but its not that low compare to the bitcoins price this last year. This year is really good for us because bitcoins price is continuing to rise and also getting low between $1100 to $1200.

Though the rejection of the bitcoin ETF, still, bitcoin is still standing on its feet without the help of the Government, but if that bitcoin ETF was approved by the SEC, then it would be more good because the bitcoin price will continue to rise and will not experience this downfall of its price again.
6600  Economy / Gambling discussion / Re: Do small investments make sense? on: March 15, 2017, 08:32:35 AM
They don't. I'd much rather gamble that $10 on 10% for a change to get $100, than invest them on a casino for pennies.
Speaking of pennies, I could probably get more of them by going out and picking them from the streets.

But it is still better if you are going to invest your bitcoin even though it is just an small amount rather than using it in gambling which is you are not sure if you are going to win or not, while in investing, at least you are sure that you are going to make profit in time, and yeah, investing small amount does make sense because it is still an investment.

Who knows maybe that person who invest only small amount of bitcoin is all bitcoin that he has and he just want to multiply it. It does make sense as long as we are making moves on achieving things that we want to achieve, rather than doing nothing at all.
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