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7301  Economy / Gambling discussion / Re: What is your gambling strategy on: November 26, 2016, 02:18:08 AM
I do odd 2 with 100%
Then I tell my self that if i lose maybe almost 10 to 15 percent of my current hold BTC ill stop, but if i win 10% I will stop and think about playing or stop playing. If decided to play i will must stop after losing 5% and never thought of winning..hehehe
Good strategy, you have to produce a big bankroll on that you will be satisfied with your winnings and also being discipline is important and you must stick with the game plan not matter what.

Do not let your emotion affect your gambling session.
7302  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used for Good? on: November 26, 2016, 02:10:56 AM
What is your definition, what is good?
If you ask 10 people this question, you will probably receive 10 different answers Smiley
In my opinion, if we, through our actions, can help others, it's good.
So, for example, maybe send BTC donations to charity, homeless people, buy food and help poor people etc.
Yes bitcoin could be used to for anything. But we need to understand the purpose of bitcoin like why we are having bitcoin when we are already having fiat system. So, basically bitcoin was innovated just to have a trust-less asset system. It is could be used for having a common payment system across continents. This just one simple example how good bitcoin is and how we could make use of it.
as different people have different opinion about bitcoin to me bitcoin is mostly used for legal activities as all the legal activities that we are using bitcoin for are the good use of bitcoin itself,. i think there will be very limited illegal activities for which bitcoin will be using for but mostly bitcoin isuse for legal and good activities.
I don't mind about what people may say but for me I am too satisfied with my bitcoin. I can use it anytime I like, putting my money online is new to me but with bitcoin it  gives me new hope by seeing my money grow without doing anything. People can do anything they want as long as it helps the entire economy of bitcoin.
7303  Economy / Economics / Re: If you were in desperate need for money.... on: November 26, 2016, 02:01:08 AM
I've got 1 more addition. If I need money badly (to pay the mortgage or something like that), I'd sell my BTC Cheesy.
Looks like you are not having any problem after all. You have bitcoins and that's money. Of course, you will have to sell what you have, otherwise you will not be able to solve your problem as I know when in desperate need it's urgent.
7304  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 26, 2016, 01:47:02 AM
Never. United States Currency is the worlds reserve note. All oil can only be bought with US currency. Other places like Zimbabwe currency is so far hyper inflated that they use The US dollar mostly.
US is a strong country with a strong economy, I guess almost all country accepts dollar and I can say it's dominant. Though in this world, fiat inflate it's value but not so fast with dollars. People has the choice whether to invest their money in bitcoin as we believe it will be big in the future but not to the point that it's going to replace it.
7305  Economy / Gambling discussion / Re: To Gamble or To Invest? on: November 26, 2016, 01:32:31 AM
Gamble a little and invest bigger. Make gambling just a fun moment and dont let it succumb you. Investing is far more better than that easy money with gambling which also offers easy way to being broke.

I also like investing and i have a long history of investing in btc. There are investment that really go way bad and i lost everything. I also have tried investing and it prove that the result is actually quite impressive.
Well that's why you have to study and research thoroughly first where you'll be investing your money because if you invest in something that you have no idea with, its the same as gambling already. I've also made quite an amount investing in altcoins though it takes a bit of time. The difference with gambling though is that investing can give you a clear picture about what you're going to get if you prepare for it while in gambling theres no assurance in whatever you do

It is very true that investment need some research and because btc is considered new, there are quite limited info of the investment and the return. So that is why a lot of us are trying out a lot of new things and invest in different things. It is not a easy journey for me in the past but it is a fruitful one.
There's a lot of opportunity present in the crypto and we have all the chance to invest, it can be simply understood that if we love our money we have to make the right effort to protect it, and by making sure we understand all the necessary factors before putting our investment it will give us a great chance to succeed.
7306  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: November 25, 2016, 03:56:03 AM
i don't think so.
a car is a dangerous vehicle if you drive it madly and hit a brick wall at top speed, should cars be banned too?

gambling is the same, it is just a game that you can use to have fun while taking risks. the fact that some people get addicted and lose a lot of money while having an illusion of getting rich doesn't change any facts.
I agree on that, we pick something and we must be responsible about it. Dont argue about it, you did it, take reponsibility to it, easy as that
In the end we will still be blame with our wrong actions, no one should consider gambling in general as sickness as we have the freedom to choose whether we want to gamble or not. And this is a free world, we can do anything that makes us happy and gambling is part of that so we just have to be responsible to avoid future problem.
7307  Economy / Gambling discussion / Re: If you want to become Rich you need to Put Higher bets on: November 25, 2016, 03:50:06 AM
I do not believe in that because the fact is that gambling is risky so you cannot get rich by it in my eyes so its pretty simple in the overall...
I don't think that is the main reason why we cannot be rich, if you are reading news or watching videos related to the news, you can tell that there are people who are already rich in gambling, so you are not educated enough to say that you cannot be rich in gambling.
7308  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: November 25, 2016, 03:09:32 AM
Nope, gambling is simply said not safe, its based on luck and you can either win or lose a lot of money its just depending on how you are looking towards it.
I think that its pretty easy to say honestly.
Correct anyone interested in gambling must accept the fact that there is no way to gamble and not to lose money in the process, it is part of how the game is designed, if you don't want to lose money then don't gamble.
But still we don't have to lose our chance to enjoy despite of the fact that we are losing, it's gambling but it's fun if we are doing it according to the way it should be. More people are actually losing, but this people are definitely enjoying, however sad to say addiction cannot be denied that for weak people they fall as victim on such.
7309  Economy / Trading Discussion / Re: Trading is unpredictable job. on: November 25, 2016, 02:48:42 AM
Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.
Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis.

True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely.  Grin

Having a close observation over the price movement is the one that is much needed as most users quoted. Also another important thing is the capital investment, if good capital is there sure can make a worthy earning even during the days when bitcoin price experiences very minor fluctuations.
Well almost cryptocurrency are unpredictable but it is risky if you invest in new altcoin if you did not analyze it first knowing about the security people who are managing and if they are not lying..  before you can start to invest.. not only in bitcoin..
For safety for me better to choose altcoin in top 20 those altcoin are strong that i think it can alive for a long time if you have a patience you can make a good profit..

better to choose the top 20 of altcoin like crairezx20 and make some analysis to buy because we don't know what will be the future of the new coins and beside that only the market will give the answer, its good or not, and we can make a buy of that new coins if the coins is really good.
That's so much to handle dude, 20 altcoins is like you will be focusing your time in trading. You still have a life, how can you enjoy your profit when you are working every time. I guess to have a balance life and at the same time you cannot sacrifice your job, just focus on less than 10 atlcoins, you still have a decent profit, depends on how much you will put.
7310  Economy / Economics / Re: Best way to manage money? on: November 25, 2016, 02:42:34 AM
The best way I think to manage money is to understand that you do need to save and can control the urges to not buy your wants and just pay your responsibilities. You can manage your money through apps, knowing what you paid and how much you save. The first thing when you get your salary or wage, you take an amount already to save. You take a part of it to savings, and apart of it from responsibilities. You should always keep in mind to save then spend what's remaining rather than to spend then save what's remaining. It's a sure way to have savings and completely manage it using an application. That's how I do it.  
I don't use apps for it yet, but the idea is worth trying. I'm already appliyng the practice of separating necessary items from unnecessary things.
But that alone is probably not enough, it's also necessary to do research in the market to be able to substitute more expensive items for cheaper and quality ones.

You don't even have to use apps, what you just need to have is discipline. Because if you are valuing your money and you won't use it for something unusual and that's what you intend to do and makes you to be a good manager of your money. I guess it is effective to do it on the old way, by simply making a list of your expenditures.
Apps can help but you are right we need to have a self discipline, it is just a matter of knowing your priority and you can start to manage your money effectively, true that it's hard to manage our money especially when we are not earning good enough but we have to because it's for the future.
7311  Economy / Gambling discussion / Re: 2016/17 NBA Season on: November 25, 2016, 02:30:31 AM
Day off for NBA today, good thing I will not lose today. I'll just have to cap games today for tomorrow. But the first game for tomorrow between the Spurs and Boston Celtics looks deceiving. Boston only +2.5 at home, what do you think on this one?

I would put my house on Boston ML, they got Horford back, so this should be exciting to watch.
7312  Economy / Economics / Re: Is it better to save money or invest it? on: November 24, 2016, 03:42:33 AM
investment in gold,real estate is much more better than saving money in the bank because it allows your investment to appreciates in value during boom period or when the price of the gold rises
No. It's not. Savings and investing are both good because it's recommended to do that. By saving you can raise a good amount of capital so you will not mess up your investment plan, we should start in savings and the rest will follow. Believe me, I have been in the situation.
7313  Economy / Economics / Re: Sell Everything? on: November 24, 2016, 03:28:23 AM
Selling everything is not a good strategy because the future of bitcoin is still blurry it could go up to 1000$ or it could go down really low the best thing to do is hold half of it and sell the other half so in both cases you still haven't lost

Exactly, if someone sells all his coins today and tomorrow the price grows higher he would regret doing it, but if you sell a half of it when you see a reasonable price and keep the other half and later on if the price grows again you can again get profit out of what you have kept.

We always should not sell our all bitcoin at one single price at the same time when investing into bitcoin we should not sell all our wealth for the purpose of buying more number of bitcoins. We must always follow the rule of investments : diversification. It will applicable for both buying and selling Bitcoins. It will simply help us not to regret at any point of our life.

I think it's not necessary because you can search for bitcoin if you be patient. You can join Signature campaign, faucet to get bitcoin. besides that, sell everything for to buy bitcoin were too risky because we do not know what's going to come even if it is the only speculation.

yes its true but i don't think to sell everything is a good option, because for this condition, better we save as much as we can and only spend our bitcoin for the important thing that we should buy so we can sell it when the price is increase.
I certainly agree with your statement, spend only on the things that we really need rather than letting ourselves be tempted on our wants. That's the only way we can avoid selling our bitcoins  and will increase our chances of making good money in the future.
7314  Economy / Economics / Re: How many Bitcoin do you have saved? on: November 24, 2016, 03:18:11 AM
It's really hard to save some money, after a little time that I saved a little bit, I have to spend it for some reason like bills and others daily expenses.

Good for people that saved some money, bitcoin price this year got a great pump.

yes you are right and i realize that, but i think i am on my journey to collecting for 1 bitcoin but its still too far if i compare right now, and now i only save at least 0.1 bitcoin from trading and from here. i want to saved more so i can have 1 bitcoin and after that i will increase the limit.
You should have a continuity plan, it's important to be able to reach your target. Saving more bitcoins is more important but up to the amount you can realistically achieve, know your your capacity and your skills as that would enable to give you income that you can save for your future.
7315  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: November 24, 2016, 03:04:34 AM
I regret having sold 6 bitcoin several months ago, I think prices will continue to fall but bitcoin several weeks after I sell price is thus increased. And now I have to buy bitcoin again and I will hold for a long time or price reach $2000 or more.
There's nothing to regret if you have made profit selling your bitcoins, you can buy now and hold for more years, that way you will make more profit. It's all about the right timing mate, you just have to stay patient if you are really waiting for a good price to hit before you sell.
7316  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: November 24, 2016, 02:43:28 AM
It's hard to estimate cuz I don't even know how many percent it is today....

but I kinda wonder what the price would be if it's 100%...

100% would probably mean war on banks govs and 1 btc = 1 btc.  Everyone needs internet first.  Maybe in 20 years this could happen, it wont be pretty though.
It's going to be a war and it will not happen, government will always win as they regulate things and we abide the laws.

Yeah, the government will not allow this to happen. And besides bitcoin cannot be control by the government unless those whales will let them the government to buy their bulks of bitcoins that they are holding. For the time span of 2020 is not even enough to make the government trigger and be threaten about bitcoin.
The government does not need to have bitcoins to bitcoins to be able to control it, they are only in charge of regulating it and nothing more. But still people who invested especially the whales has all the right to do with their accounts as long as it's within the laws of the government.
7317  Economy / Economics / Re: Big Crash coming on: November 23, 2016, 03:39:31 AM
Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009. The bitcoin price will skyrocket to over $10,000. However  bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins. The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western Europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.

Year 2016 is about to end and so far we still have to wait for the fulfillment of all of these predictions. I know that many experts are already warning about this possibility of economic dislocation and possible collapse of the world economy but to put a date on those things can be so hard as events may not be happening as we foresee them. War is coming that can engulfed the world but may not be directly involving those countries you mentioned.

Anyway, I am still looking forward to the fruits of my Bitcoin-based investments and programs so I am thinking that soon we can still have a bright future. And I am hoping that this last prediction can really come true. Smiley
Yeah, 2016 is about to end and honestly it's the most wonderful year for me not only that the price have increase significantly but this year gives me a good opportunity to earn bitcoin. Hope, the success that bitcoin has been having now will continue in the coming years.
7318  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used for Good? on: November 23, 2016, 03:29:35 AM
bitcoin is a double edged sword on one hand using it provides security on the internet since no one can trace you down and on the other hand it provides a big opportunity for hackers and black market dealers that use it for selling drugs and other illegal stuff since it provides anonymity,but it all depends on the person that is using it

The bitcoin is not totally anonymous. It is pseudo anonymous. So you can be traced by using the bitcoin.

That is true. As the trail can't be destroyed in blockchain, the user can be tracked back with varying levels of ease. However, if the user mixes his coins, then it takes a lot of time and effort to track him (an example is Tomáš Jiřikovský, the Sheep Marketplace thief).
Nowadays, mixing service is very popular especially when you are doing an illegal activities. True, you can trace the bitcoin address for the transaction but it's hard to determine who are the people transacting. It's the benefits of using bitcoin but we do not need to abuse it as it might not give us a good benefits.
7319  Economy / Economics / Re: If you were in desperate need for money.... on: November 23, 2016, 02:23:59 AM
I will ask money to someone whom I trust, who can I talk personally with. Because being desperate of having money not means you are going to borrow to some one whom you do not know. But professional person who is having a job can easily manage to get money in that situation as he holds a descent image in the minds of the people but what if a unemployed person found in the same situation, will people have same perception for him and will be willing to help him out?


He will have no way to pay back a loan because as you said he is unemployed. No one will give him a loan without a collateral. If he have assets, he can give that as collateral, otherwise, he have to find other way to get money.

But he said he would talk to someone whom he trusts and whom he can talk personally with, so if someone trusts you too and knows you personally then he might give you the money as a loan but then it is your duty to pay him back even if you are not employed because he trusted you that is why he had given you the money.
You can't trust a man's promise to pay if he has no capacity to pay, if lending someone without a job then probably you will have a problem in the future. People will really look for money when they need it but they do not consider the possibility because their main goal is only to make money.

7320  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: November 23, 2016, 02:04:02 AM
its hard to play gambling in a smart way as many people don't think about this, all they want is to how win the games and not think what is good strategy they will use in that games. but i am sure that there a few person that will use the smart way to win the gambling games and i don't know what is that.
there's no smartway so you don't have to be confused all you need to do is stay away from gambling that's the smartest way but if you don't want you can use some knowledge when playing gambling example poker . don't play poker if you dont know how to play that specially dont bet high amounts on your card if you don't know if you're gonna win with your card
That's true molsewid you are right there's no smartway to do such thing in gambling if you really confused in gambling and finding a best method to do gambling and win straight i think you can't really do this thing why because in gambling there are 50-70 percent you will lose and specially in casinos.

Theres no such thing on a smart way on playing gambling because if people could know that thing then those people  would  really spoil it and make money  with it but we know theres no such thing exist on gambling. The smartest way is not to play gambling at all at the first place if you do value your money or bitcoin but  if you are just playing just  for leisure times then it woudl be fine as long you didnt get addicted to it.
Winning method is not automatically considered as a smart way in gambling, there are certain circumstances that a certain gambler can be considered smart and that is when he has the ability to limit himself, limit himself in winning and losing is the most important thing to do.
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