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7201  Economy / Gambling / Re: BITDICE - 🎲🎲🎲 THIS WEEK 105BTC GOES TO ASH AND 75BTC TO SOOP! 🎰🎰🎰 on: May 16, 2017, 03:05:12 AM

This has become a common post and by common I mean, a person will go to a betting site, then he will place an x amount of money, if he wins the site is great, but the moment he looses, the site cheated me the common tape begins. It's quite evident he lost a good sum of money and since he can't recover the money why not try to malign the site's name, which he again tried and all users have asked him for proof but he's choosen to run the comman tape and at the end say goodbye. I don't think his words can challenge the credibility of Bitdice cause they have earned trust over a long time.

Everything is a bit suspicious, guy had not posted here for 3 years and now come to post about 0.1 BTC being taken from him.
Accusations without a solid proof is useless it will not bring bitdice down since it has been build up its reputation and its one of the most popular gambling sites in the crypto gambling industry. It's a no-brainer to everyone, why would they ruin their reputation when they are making tons of money from big volume of gamblers, they are here to make business and to make us happy.
7202  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: May 16, 2017, 02:18:40 AM
Some countries do not support bitcoin. There are many reason such as they have won economic policy on their people. Government can not taking tax who use bitcoin. Bitcoin transaction is hide so it also creat money londaring laundering. Bitcoin can hamper their on economy.
There is no way to tax bitcoin because it is not money, only the moment you convert it to fiat is you are oblige to pay for the taxes, we must understand that to make a good statement. Big countries can tax people who are using bitcoin only if they earn, as it is a general rule that when you make money from a certain transaction, there is a certain percentage due for the government.
7203  Economy / Gambling discussion / Re: How can gambling help you with your life? on: May 15, 2017, 12:08:44 PM
Hey! Good day i really need some answers because its about gambling in your life and other people are playing for it with heart and i just thought that how can gambling help you with your life? and do you gain something from it? does it help you to be wise or worst your attitude will change.. i need answers please!
Gambling helps only to entertain yourself. Gambling isn't the way to earn profits and yet, it will give you more problems because if you lose your money you will only frustrate. Even though you can get a fastest way to earn a profit there but still you can't assure you will win.
Exactly, that is why it is wrong to dream of making a fortune in gambling because most likely will happen is we are going to spend a lot of money and just lose instead of winning. The price or the reward is very tempting and it encourages us to gamble but if we look think outside the box, we will realize that our chance of having it is very slim, follow your mind and not your emotion, that is the recipe to enjoy gambling.
7204  Economy / Trading Discussion / Re: How is trading *not* gambling? on: May 15, 2017, 11:44:30 AM
I was one of those who actually believed Trading was gambling. I did invest in the end after analyzing the market and my investment went through the roof. Gambling is based on luck. Not possible to analyze. Very hard to hit your luck at first try. Most importantly, you have absolutely no control of your investment.
It is gambling but it has a greater chance for anyone compared to gambling where you are dependent on your luck due to some advantage by the gambling sites. Trading is what you called betting against each other and only those who are smart enough will last in the game and will be profitable in the long run. That's my understand, it's based on skills and knowledge so better develop yours if you want to succeed.
7205  Economy / Economics / Re: Which one is good, trading or investing? on: May 15, 2017, 07:53:24 AM
Try trading will be better, but you should think of its profit and loss statement do not just think of the advantages a moment alone. because a time will definitely suffer losses as well.
Trading is good only if you are doing well on it otherwise it will not bring you profit, there are certainly a lot of ways to earn but make sure that is under your expertise and you have a passion doing it or else you will not get what you expected. Our main purpose is to make money so we have to fully improve our skills and continue developing ourselves to be knowledgeable as that is our key towards success.
7206  Economy / Economics / Re: Invest your bitcoins. on: May 15, 2017, 07:04:50 AM
I take poloniex.com of my trust list, they have alot of problems now. And i suggest everyone take out their crypto from there.

They have technical issues, but why would you distrust them?

Cryptsy had technical issues also, see how that ended
It depends on the people i trust poloniex and i am not going to pullout my crypto's there .It is normal because poloniex is too popular now and some of the traders wants to get advantage there after some of the DDOS attack some of the coins buy order and sell orders are being filled .I think that happens after the DDOS to take some good prices so they are only the first one who can play on the market.
Because of that DDOS attack I was not able to buy the altcoins that I like but as you said it's normal, but as long as our assets are safe there which I am sure it will be, then we should be fine with it. I have keep my bitcoins thru online and offline, that way I can minimize the risk if anything bad will happen and I feel comfortable with this method in protecting my future investment.
7207  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: May 15, 2017, 05:54:43 AM
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.

That's right. Because if we are talking about bitcoin, we also talking about money. Bitcoin is another type of currency in which, we can also convert it into philippine money. Similar to the dollar, bitcoin can also buy and sell.
Agree, and this currency gives up opportunity to make more money because of volatility of value. Even we do not have real paper money or coin bitcoin can be used to buy and sell some of the products we have by using online transaction. We should treasure this currency because bitcoin will help us to make rich someday.
The volatility of value is good for traders and we love to see them playing with the price as that would lead to increases of demand if they want to gamble on it. For me, my concern only now is on the future of bitcoin, hence instead of mastering how to trade and make active money, I just focus on investing and hoping my discipline to hold will pay be good dividends in the future.
7208  Economy / Trading Discussion / Re: I quit trading on: May 15, 2017, 05:27:42 AM
Many want to go on trading because if you will win then you can have much money but if you loss then you will sad you lost much money. There are many things to study in trading so for me, when trading try to put money you feel its okey to loss. If you loss then you have to learn something from it. Don't lost hope everything will be find after learning from it.Hope it will help.
That's the nature of our venture in trading, there can never be a guarantee that we will just earn money without experiencing some loses and we can only be profitable if we have more successful trades than our failure. It's a long term process and consistency is what we need when we are trading, there can be a lot of factors that will affect along the way but we should be smart enough to make a good decision every time.
7209  Economy / Economics / Re: The future of the paper money on: May 14, 2017, 01:28:12 PM
Paper money will remain. Because paper money is guaranteed and protected by government. Especially if paper money will be replaced by bitcoin, difficult to happen. Because not all countries accept bitcoin as a means of payment, especially countries on Asia and Africa.
Only the government can eliminate the circulation of paper money but I doubt if they can do it with the current situation of the world, there are plenty of people who lacks education and they would not easily understand the new technology as they are primarily focus on working of their basic needs.

These people will prefer to use a simple way in transaction and something that they are used to, that is paper money and the government cannot sacrifice this group of people just to change the current system and adopt with the new technology.
7210  Economy / Economics / Re: Best way for steady income on: May 14, 2017, 12:34:25 PM
I do not think you can get steady income in bitcoin there is no such work in bitcoin like a regular job that will secured your monthly income.
I think the best way is to have an regular job or business these is the best for me to do to make steady income in your life.
Of course you are guaranteed with an income by having a stable job but it's different here in crypto, you just need one big timing to earn big and you are financially free then. Who would work all his life just to earn a salary that could never satisfied as, we know the reality that while the company we are working are progressing it is the stakes holders or the owner are getting richer, bitcoin venture is totally different because it could offer us the life we dream of.
7211  Economy / Gambling discussion / Re: 2016/17 NBA Season on: May 14, 2017, 12:09:21 PM
Boson and Washington play 7th game, they are playing for semis great performance from both teams some that one my pass.

Tonight GSW - SAS, over 209.5 points will be for first match bet
If the warriors were not able to contain the Rockets and most of the games went over, I think this one will be easy to cap. The Spurs cannot win against the warriors with their defense only, they need to match the warriors in their offense as there are good shooters in the floor, you guys might be surprise if they will pressure on the Curry and Thompson to minimize their production and Draymond will record a good 3 point shooting night.
7212  Economy / Trading Discussion / Re: Which one is better? Forex or crypto currency trading? on: May 14, 2017, 09:01:59 AM
I will go for crypto currency trading because it is more worth it to try rather than forex because forex is so complicated topic or trading where you need to understand a lot of stuffs while in crypto currency trading it is easy to understand and suits to a newbie and the price of the crypto currencies are moving fast so it is easy to make profits in crypto currency trading.
Yeah no doubt that the bitcoin is far easy than the forex. For to work or trade in forex you need to be more technical about many thigs and there are many other thigs involved in the forex you need to learn about.

The crypto on the other hand is too easy as compare to the forex. You don’t have to go through deep research and financial analysis as well as some other like companies debts and assets etc. I prefer trading in the crypto currency.
Bitcoin trading or crypto trading does not require much effort and time for a certain trader and we know this is all dictated by the news we read, there are speculation which would easily move the price and we just have to ride on it in order to make money and we can do it even in a short period of time. For me, this is very risky that's why it is more exciting since every bigger risk will always offer a bigger reward.

I am not good in Forex trading since I have not tried it despite a lot of invitation from friends to try but honestly I was in love with cryptos, so I realize that it's always better to do things that you love.
7213  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: May 14, 2017, 08:48:35 AM
holding bitcoin a long time is good but you need more money to invest for long term invesment so you can get x2 or x3 of your money  the more you invest the more money you will get.
Discipline is very important when you are investing for long term because it's a boring process and it takes time before you can see some profits, the price of bitcoin is very volatile while sometimes makes you tempt to sell and quit especially when there is a price fall that you don't expect will happen.
You have to eliminate that doubts in your mind, by trusting bitcoin you will always believe in its future and you will be at ease whatever the situation is.
7214  Economy / Economics / Re: What is your best investment strategy? on: May 13, 2017, 06:26:30 AM
Keeping my bitcoin in my wallet and thats the safes way to earn bitcoin since as we can see bitcoin value is continuous increasing and you will get high income if you have huge bitcoin in your wallet.

I treat my bitcoins as investment too and this is my investment strategy and  I find it very effective for me. I don't have to do a lot of trading analysis for it because upon reading news and other updates about bitcoin that is giving me an insight on what's going to happen in the future. And this is the best investment strategy for me.
I'm glad you have that kind of mentality, surely you will be successful with your plan as bitcoin will be more popular and more valuable in the future.
Been saving bitcoin as well and I dedicate this for my future retirement if ever the price will increase substantially in the future to come.
No worries for me because aside from bitcoin I also have lots of investment, I'm doing it to diversify my investment to minimize the risk.
7215  Economy / Economics / Re: Where did you first heard about Bitcoins? on: May 13, 2017, 05:00:59 AM
first time was in november when someone asked me  to open a wallet , then he sent to me 0.5btc, i could not beleave 0.5btc worth $356 Grin Grin Grin
Wow, that was too lucky of you, I took me months to earn that amount while just instantly you have that without spending effort, where did the money came from,? you must have a wealthy friend dude...

For me, although I knew it just 3 years ago I guess but I am still very optimistic I could grow my bitcoin for the future, the amount I get or I earn is not that much but I learn my lessons that keeping it longer always gives a good benefits.
7216  Economy / Trading Discussion / Re: How do you deal with loss? on: May 13, 2017, 04:08:11 AM
If we get loss then we need patience. go forward with long term investment policy. we must get good benefits by long term investment policy.

Long term investment is another strategy in trading. Time is a great ally here. Dealing losses with trading is one of my fear before. Now, I learned to spread my investment and divided to long term and short term. Now, If I lose on another, I see to it that I gain on another coin. That is trading, you have some losses and gains. Be wise enough to formulate your strategy.
Long term investment is always a better way to earn good relative to the profit earned from trading. It's good to make a research about the coins that are existing periodically and make a buy and hold it long. If lucky might experience a sudden pumping as the one happened recently with several coins starting from eth, doge and so on.
There are plenty of altcoins that will surely become a big market in the future and they are like a sleeping giant that when it starts to pump it will be continues. I have different altcoins in my wallet aside from my btc, my target altcoins now that I think it's cheap and has a great potention are XRP and NEM.
7217  Economy / Trading Discussion / Re: How do you deal with loss? on: May 13, 2017, 01:47:32 AM
Depends on how large the loss is and why you had the loss. If you get stopped out of a position and take a loss is different than waking up in the morning and realizing you lost a huge % of your bank roll. Especially when you were so sure about the trade. The first type should be no big deal. The later can result in profuse vomiting. If you have not vomited because of a loss on a trade before you have not completed your education yet. That would be your diploma!

LOL. I didn't vomit on my first big lost waking up in the morning. I only got frustrated but I realized that the more I got frustrated, the more I loss my concentration in trading. That's why I try to stay cool most of the time, but simply taking a walk around the neighborhood and coming back with more vigor not to make the same mistakes again. I'm not a person that easily gave up, so any disappointed and frustration that comes along I will take it, but rest assured that I will try to avoid if it the circumstances presents itself again.

Define "big loss". Big loss is different for everybody. I lost $22,000 on 1 trade about 5 years ago. For me that was a lot of money. I was at work and was trying to act normal. Went to the bathroom twice to vomit and I was pissed for about a week.  I learned never put all of your eggs in 1 basket. Even if you are SURE!
Of course we have different definition of "big loss" because we have different financial capacity, if I loss like $1,000 its already big to me so I will surely be mentally and emotionally affected. But anyway a loss is a loss we have to deal with it, either we will quit and improve our method to win the next time around. Honestly, it's a hard journey but we can always improve because it's never possible to succeed, just keep learning.
7218  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: May 13, 2017, 01:29:33 AM
I would rather trade than to gamble, I think trading is still the best source of bitcoin nowadays, it is safer and it has assurances. Risking your bitcoin in gambling could lead to dissapointments. God bless!

Gambling is a risk that as much as possible we should get away from, trading can really be a good source since its our decision to choose on what amount we will trade. Trading and Signature campaign and sometimes investing is my thing.
I would also not consider gambling as a source of income, I prefer to do it on trading and any sort of investment because I have proven myself that gambling is just a waste of money if you ever get too serious with it, for me gambling is just a mere source of fun and nothing else so I still to belief.
7219  Economy / Trading Discussion / Re: How do you deal with loss? on: May 10, 2017, 06:14:49 AM
First of all, I don't see it as a loss if it's occurred during my first 10 trades, I see it as fees to learn the movements, strategies and the trading. Now if I am still getting returns in a red mark, it makes me conservative to take fewer risks and optimise strategies and trading methods. I have lost many bucks in trading but later I was able to manage to earn good profits, I think it's more about dealing with the situation rather than dealing with the numbers and charts.
A loss cannot be a loss until you sell it at a lower price, no one can prevent the fall of an asset we are backing therefore we must not put our eggs in one basket so we can still continue to trade with other progressive assets. I have different altcoins and I understand the volatility, I instill discipline to myself and I never sell for loses unless if the coin is going to die.
7220  Economy / Trading Discussion / Re: What Is Bitcoin Trading and Why It's risky? on: May 10, 2017, 05:55:45 AM
Bitcoin not made only for trading, We can use bitcoin in almost every field of life and about trading, than bitcoin is best for trading.
Spouse if you want to do altcoin trading, than no other crypto can comparison with bitcoin. But my first time when i use bitcoin for amount transfer in a cheap rate.

We knows that bitcoin can be used in many places but here the talk is about trading and risk factors only. Please keep note that trading is one of the best option to make bitcoin without big risks. Always you need to moniter the price chart without a gap and set the trade for the trade in your account in exchanges. Then you can simply make bitcoin easily.
That's not correct, trading is risky because you are gambling with your money, no one can predict the price and although you are making a study it will not guarantee you success, you still have the risk of losing. Risk depends on who manage the trading, if such person lacks knowledge then it means bigger risk and the best thing you can do is just to minimize but not to eliminate risk.
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