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701  Economy / Economics / Re: Indonesian Ban on: November 08, 2017, 08:04:45 AM
Indonesia’s central bank, has threatened action against bitcoin and say

Quote

I must emphasize that BI does not see bitcoin as an official payment tool in Indonesia so all people should know not to use Bitcoin as a means of payment. There is a risk.


Source of news https://www.cryptocoinsnews.com/bitcoin-banned-payment-method-adopters-will-dealt-indonesian-central-bank/

I'm afraid not for bitcoin but for them rather because they see things differently as we sees them. They say there is a risk, but does they think that there is no things existing without a risk. Risks are nothing compared to success. And if bitcoin can bring success to their community then why would you think for risks. I guess they are really against on bitcoin and they're just making some excuses.
Ban on the use of a bitcoins in Indonesia is something quite shocking. Actually I think that the government has planned to stop the usage of cryptocurrencies for their own personal narrow interests. This kind of behavior is quite common when the flow of digital asset becomes excessive. The ban is temporary obviously and it would not survive a long time.

We can only hope for the best and as Bitcoins are of decentralized nature then any such rule is no harm to the BTC but to the country itself.
702  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: November 08, 2017, 07:06:37 AM
Neither.
...and then you wrote contradictions:
I only gamble with my friends and is purely for entertainment only. In fact, sometimes we don't even gamble our money and we just have a good time with each other.
It is not gambling if you don't play it for money, but as you said sometimes you are "gambling" for fun without money does it mean when you are using money you are gambling to win money? To take money out of your friends pocket?
Don't generalize the statement based on what you like because since the day one I always gamble only for fun particularly while watching my favourite cricket team match I will bet a small amount to enjoy the game with more excitement. That's why even after few years of gambling I didn't lose money in gambling because I made some profit from cricket betting but lost some money in dice game but if I'm not wrong overall I'm still in profit may be less than 2 BTC.
For someone who is gambling only for fun you are repeating words money and profit very often in your post  Tongue

It seems that you are a pretty much fun seeking gambler. I like this attitude that you always that info because sports betting is something that offer you a high percentage of win if you have some prior knowledge about the game.

It’s something Lucky that you have been able to at least some profit through this simple technique and I think that all of us should follow the same pattern not taking gambling too much on over nerves and trying again and again wishing to achieve something big without any efforts at all.
703  Economy / Gambling discussion / Re: Should I start gambling site? on: November 08, 2017, 06:32:20 AM
I would like to announce again that , I want to sell my script, script i already ready but not launched yet, if you want to see demo then PM me.
Or if you know anyone who is interested in buying Dice script then Send me his or her link.
So it seems that you have everything required to create a working gambling site indeed. I would like to buy the script from you therefore I would contact you but all I want is that you must upload the price at which you are aiming to sell the backbone of creating a gambling site that is a script.

In my opinion best thing is not to sell your script but to use it for your own sake because if a gambling site really becomes functional it would earn you beyond the limits of your imagination.

704  Economy / Gambling discussion / Re: If you would win a Jackpot what would you do with the money? on: November 08, 2017, 05:58:03 AM
If were to hit the jackpot of 200 bitcoin i would firstly buy my own house and lot and a really nice car.
All bitcoin that is left from the jackpot will be kept for future use, 200 bitcoin is a lot of money and i dont want to spend it on some nonsense thing.
It seems that you are really in need of money to fulfill your basic needs. I would pray for you to win Jackpot in actual life so that your dreams get into reality. As far as I am considered I never think about winning a Jackpot because of consistent failures that have forced me to believe gambling is not something made for me.

Therefore now I gamble on and off but not expecting a win at all rather just trying my luck for the sake of fun and spending free time.

705  Economy / Trading Discussion / Re: Tips for local transactions on: November 07, 2017, 08:44:25 AM
Nice tips. They are helpful in a lot of ways. However, I would personally avoid local trade as even with all precautions they are quite risky in every way imaginable.
Yes you are right using the Bitcoins for the sake of investment a within the same country is quite a risk the biggest factor behind it is that Bitcoins are not legal currency or if you choose to apply them in your local businesses then obviously it will earn you a great loss in return.

Tips that you have shared with us was sick of local transactions have proven to be really helpful but the thing is that  despite of all possible  precautions one  would  take in order to  keep  him saved from all possible losses even then it is not an easy task to play it all safe.
706  Economy / Trading Discussion / Re: Bitcoin - time to buy or sell? on: November 07, 2017, 08:14:47 AM
Your week is in the past. The bitcoin price is climbing day by day. If you just ask and don't join, you will lose your chance.
Obviously we all know that it is not the right time to sell your Bitcoin as far as the price fluctuation is concerned it has actually shown one of the greatest increment of the past. The best time to sell Bitcoins is actually never. Having such useful asset in your hand is nothing less than luck so one must not lose his chance of getting richer and richer without working for hours.

All you have to do is to keep your Bitcoins in hand and wait for the right time to invest them or even sell them in the hours of urgent need.
707  Economy / Economics / Re: Is time too late on: November 07, 2017, 07:44:20 AM
Yes its right too late.But what for too late.For example it is too late now according to 2009.So now not too late according to the future.Bitcoin continues to grow.And nobody dont knows time to stop.
Obviously after having a deep look at price fluctuation of BTC in past few years one can imagine present situation to be too late to mine Bitcoins. This is because the value has greatly increased to up to $7,000 and it is not an apple pie to buy Bitcoins now.

But all we can say is that it is never too late to go for buying more and more of the digital currency because the future is quite unexpectable and if the price would  rise more then obviously the things would get complicated as compared to now.
708  Economy / Economics / Re: Electronic Money vs. Physical Money on: November 07, 2017, 07:09:35 AM
Physical money as a real existence as it can be seen, feel naturally, others than electronic money is not physically present,  and have no physical existence.  Physical money is handy, old and accept by many companies, markets, and authorities while electronic money is not as such accepted.  
Uneducated and illiterate people know only physical money and the electronic money is out of there reach,  as they depends more on the physical currency fir their day to day activities.  Physical money has more acceptance than electronic money.  But electronic money can not be steal easily and is more safe and secured than physical money.  Banks and other authorities can keep a check on physical money but on electronic it is not easy.
Each type of money has its own advantages. it is currently possible electronic money still can not reach many people because of the limitations of various things. There are still many people in the world today who still think that electronical money is unsafe and also felt not something that can be easily accepted by society. But in reality today Currency digital has started to improve and increasing. I am very optimistic if one day in the future that digital currency can be one of the most attractive financial payment media and has been applied in many financial sectors. It's already starting to look and our current task there continues to support by using it in every financial transaction we do.
I think that the comparison between electronic and physical money is something meaningless indeed. We all know that due to lack of technology and availability of resources in some  remote areas of the world even today physical money is the most common method of payment and it is believed much as comparison to the Electronic money.

Moreover even in the developed World some people do not put their trust in the use of digital assets and always prefer physical money because the electronic method is more vulnerable to hacking and it is not the safest option at all.
709  Bitcoin / Bitcoin Discussion / Re: why some country banned bitcoin? on: November 07, 2017, 06:09:32 AM
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
In my own personal opinion, maybe the government of some countries banned bitcoin because they think bitcoin is a scam, that some bitcoin users use bitcoin to trick other people so they could earn more money and people earned money with it for free that's why the government do not have any shares from bitcoin.
I do not think the same way .According to my personal beliefs the country banned the use of Bitcoin at a particular time temporarily just because their banks are not able to manage such a large flow of money into the accounts and continuous exchanges payment and money transfer do have a large impact on the country's economic system.

As you all know that China had recently banned use of cryptocurrencies in their vicinity which was to be removed again because no country has such a potential to ban the use of digital currencies on permanent basis due to its excessive use and quite high rate in terms of market value.
710  Economy / Economics / Re: it is possible fiat currency will crashed? on: November 06, 2017, 08:10:42 PM
No fiat currency cannot get crashed at the expense of any cryptocurrency.It can happen in the future than government can apply digital currency in place of fiat currency.But everyone cannot use the cryotocurrencies in today's date.Many people are still illiterate and do not even have accessibility to internet.Digital currency adaptation can happen in the developed countries but not in the developing and underdeveloped countries as basic mode of living is fiat currency or paper money there.Fiat money is accepted all over the world without any hesitation unlike the cryptocurrencies which are not even legalised.
Yes, the future of bitcoin looks brighter than the present situation. As the time spends by, more and more people will start to invest in bitcoin, which will increase its importance and will make its price very high. With the time bitcoin will be legalized by the maximum countries of the world as for now it is only accepted by a few of countries in the world, thus its importance will increase with the passage of time and its future will become more and more brighter.
711  Economy / Economics / Re: it is possible fiat currency will crashed? on: November 06, 2017, 05:46:53 PM
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I think fiat currency will not crashed. We all know that the cryptocurrency is becoming more popular than before but I think the popularity is not yet enough to beat the fiat currency.
Even when it gets extremely popular enough, we cannot still say if that would really be of much effect to fiat. We are in a world where when a works for one particular person, it may not work for the other. We have accepted it today because we believe in the freedom and future it has come to give us as users, not everyone will and not everyone will even have access to that information.

I can guarantee you that in the next 100 years, some people in some countries won't still know about bitcoin.
712  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is Different From Other Currencies? on: November 04, 2017, 07:44:59 PM
Bitcoin's global influence, recognized by many financial institutions and countries such as Japan and South Korea, the development of other currencies have not developed well bitcoin.
It is different from other currency because t has ability to hold your investment and multiply it and then returning it to the investor as form of profit and more of it other currencies are confined to their specific regions where as bitcoin is versatile and not confined to any region it blesses everyone neutrally and all these logic are enough to justify the difference so use this currency you will get what you will desire.
713  Bitcoin / Bitcoin Discussion / Re: Amazon to accept Bitcoin? on: November 04, 2017, 06:58:26 PM
Great news! Once amazon stars accepting BTC as payment, more people would actually use BTC and not just trade it in for dollars.
Yeah, I would love it if BTC was easily spendable and didn't require me to jump through so many hoops just to buy something. Hopefully we'll be able to buy stocks and real estate with crypto too soon.
Yes, that’s very good the top ranking store is accepting it and this will attract more user toward bitcoin.

Also, many of other stores will follow amazon’s trend and this happened just because bitcoin has so impressive profit rate that amazon administration think that it will give them huge profit and receiving payment in such a valuable coin whose price increase $400 per day is very beneficial so wait and see the bitcoin magic.
714  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: November 04, 2017, 06:24:47 PM
I have some doubts about bitcoin savings for children. If this is going to be on very long term no one could know what the actual price will be and this could turn out tricky. And of course you have to reveal to them the data for wallet access. On the other hand if the price continue to grow in such intensive manner they could be wealthy with only few bitcoins saved and you could realy make their life easier. I don't have children so I don't know what would be the smart thing to do.
That’s the best thing that we can deliver to our children they will feel proud when they will receive inherited bitcoin that values more than enough for them and yes that’s goo that’s why I am investing my saving into it without any doubts because I know one thing no one can access my coins accept those with who I have shared my private key so m not worried about losing just hoping that I will give huge money.
715  Bitcoin / Bitcoin Discussion / Re: interest in bitcoin is increasing on: November 04, 2017, 05:53:09 PM
Of course it should be fixed, this is a new way to pay for something and the others are interested, because all the good news about bitcoin is common bad news. This becomes more acceptable. Cool
Of course the interest level of people in bitcoin increasing very fast which is definitely the result of the high profitability as any one invest for income so he is getting income then his interest level improves with the income so I am looking bit coin as the world most popular and profitable crypto currency in the market.

Bitcoin's value constant and exponential increase made people more and more interested in it all around the world making the list of it's users and holders more and more bigger . No doubt that bitcoin did contribute in the Emoney experience and made a lot of people interested in it due to it's many uses and assets .
Yes, there is consistency in the price of bitcoin which is increasing day by day that’s why the investors are taking keen interest in bitcoin among all the remaining virtual crypto currencies prevailing in the market, it is noteworthy that every investor is looking to the profitability and stability of the price which is definitely found in bitcoins.
716  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin Market Dominance going back up to 80%? Alts current Status? on: November 04, 2017, 04:12:48 PM
Few months ago mid June Bitcoin dominance was at 37% about to lose number 1 pole position I remember to Ether, crashed from 80% to 37%  Shocked

Now you guys think it btc will go back up to 80% dominance? If so then I say don't buy Alts yet.
Honestly, this is just a wrong time to be holding alts or buying alts.
BTC has shown some pretty striking movement which a lot of alts will most definitely keep bleeding for a while. If BTC goes back to the dominance, then it is just best to stay out of alts.

Lots of investors are stepping in and the wall street guys and more are also about to step in, so it is just a good way to say bye to alts for now, or every chance of a pump you get, sell if you are still holding.
717  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Electroneum bigger and better than Bitcoin? on: November 04, 2017, 03:44:16 PM
Mobile Mining is still not working in the mobile app. They delayed it. Let's wait until that works and we will see if was worth to buy Electroneum during the ICO.
It will not work and even if it does, it would be nothing. They are really beginning to realize that and then they are now trying to push PC mining out the more, when all the hype was totally based on the mobile. That is just one sweet way to lose trust and loyalty of the investors already.
If you cannot do something, I do not see why you should say it can be done, and even if it can be done eventually, then you should stick to the promises you have made.
718  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Gold (BTG) on: November 04, 2017, 03:03:07 PM
Hello,

Does anybody know which wallets plan to support the Bitcoin Gold (BTG) friendly fork on October 1st? And what, if anything, should be done by the user?
Ay, bitcoin gold sucks. It's whole hype went down in vain. All efforts and capital invested in it didn't get what was expected and it's team is so very new that it can't be trusted, just because it has a precessor of bitcoin in it. There is a need for more info about bitcoin gold as well as the team. And keeping it in your wallet will be risky, one it's because of the replay attack possibility and DDOS attack that occurred on the first day of release of bitcoin gold.
That was very much expected. Was there even any hype about the coin. The coin already sounded shitty and everything about its security totally raised a lot of questions in the first instance.  Just watch out until most people even get a hold of their coin and then end up dumping it. Then you will realize how worthless it is going to become and I really wonder if any one would want to mine the coin.

The more humiliating one is, more such forks and coins are being planned and in pipeline to be released. Anyway it is free money yet I feel not good for investor's point of view.
719  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in ICO, still promising? on: November 04, 2017, 01:29:46 PM
Yes, of course!! I think one should invest into real products or stable btc
If you are sure you wanna take risk, I'll try some of those: UnikoinGold or Confideal.
I have already invested 350$ in the last one, hope to get some profit
Anyone who can take the pain to do a lot of research before investing in an ICO will always find it a very lovely investment to do.

ICO investment will always be promising as long as you know how to fish out the bad from the good and invest in a project that has prospect and not a lousy project that does not really sound like something that could ever work in the first place.
720  Economy / Gambling discussion / Re: What is the best way to quit gambling and start trading?? on: November 04, 2017, 11:32:42 AM
Gambling gives you quick money which is never possible with trading so even after making regular loss in gambling even if you manage to win one big game then you will never quit gambling and continue with it as it will give you quick results which may never possible with trading as you need to wait longer to make profits from trading.
you are right trading is a really long process and really slow also but you get a sort of assurity that you might get profit in future when markets expand unlike gambling there is no way of predicting what will happen in the future
I think a fickle minded people can follow this method. they will not stick for one decision, suppose if they lost money in gambling they would try trading, and in trading also they do not make a profit in short time again they shift to gambling. Some people mindset is not stable but who knows the value of the money and they lost money in gambling and switch to trading definitely they will wait for a long time to get back there money.

Before you shifting to trading first need to learn the basics of trading and don't directly go for day trading because it is also similar to gambling. If you want to make a money faster way then you will not find any good ways to do that otherwise many people by now might be rich already. To grow money it takes time so don't find shortcuts because those are very risky methods.
Yeah! We all should understand a fact that money cannot be made overnight and all the people who are billionaires or millionaires have worked damn hard to reach their present positions. Day trading is indeed another sophisticated form of gambling and people do try it without any background knowledge of trading and coins just in order to try their luck and make some money without hard work.
This is true, for those people who are rich they do really make all the possible hard works and trials before they did able to reach their position unless if they do inherit those wealth that they do have. Most people do really think off easily on having an easy money without doing hardwork and most common thing that they would see is gambling which they do see on easy money but without knowing the possible risk would really put them on harm.
Obviously there are two different types of people who are wealthy some of them are those who have inherited search huge amount of money without putting any effort on the other hand there are many people around the globe who have performed hard work days and nights  ultimately to meet their demands. Despite of these two categories there is a third one known as the gambler.

These are the people who think that their luck could bring them whatever they want and in most cases end up losing all they had.
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