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7361  Economy / Gambling discussion / Re: Do small investments make sense? on: February 06, 2017, 05:22:10 AM
Everyone starts from small beginning I guess, so small investment is just fine if you have the patience. However, if you can make a capital on an investment that you feel you have analyze well and you see it can give you a great return then I guess we should be risking more.
Small investment will make you bored along the way, if you will not be satisfied with what you are earning then probably you will not gonna last as well.
7362  Economy / Gambling discussion / Re: Giving up gambling is not easy on: February 06, 2017, 05:06:05 AM
If you try with 100% confidence and you must stick with your decision, then nothing is impossible. You can easily stop gambling. But here we need more dedication and hard work. I agree it's not easy to give up gambling but if you have self-confidence and you can able to control your mind. It will take some time, but one fine day you will stop gambling completely.

Giving up in gambling is not easy, but doable. If it is still said to be a difficult thing to do, it means they can do. There can not be performed if it has been virtually impossible. You can stop if you already intend heart, and you already have a plan other things you can do to fill the time you gamble. And the most important is the discipline, the discipline not to gamble anymore.
Though it's hard but since it has already ruin your life, you have no choice but to give up and accept the reality that whatever your loses you will not be able to get it back. I guess that would be justifiable and acceptable to stop, than still staying and lose more than what we cannot afford.
7363  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: February 06, 2017, 05:01:25 AM
Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.

Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.


I can't  figure out the output of having a bitcoin bank.   How does the system works?  Is it similar from the fiat currency system?
We will not know until there is an actual bitcoin bank that would be name as bank, probably it's going to be similar with the system on how banks are manage in the real world. Bitcoin is decentralized, so there must be something the government will have to do because putting one.
7364  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: February 05, 2017, 01:47:19 PM
I never get rich from gambling, I also don't know whether gambling could create a rich and from what I saw most people who gamble always lose
The most important thing is to never make gambling as a way to get rich. If you will always think rich you will stress, better make it as entertainment then if we're lucky we will get rich.
Very few people get lucky and become rich from gambling and we should not get lazy and find real jobs to make money and become rich one day!
Getting work is our priority, we cannot have a bankroll we can spend in gambling if we do not have a work. What we spend must be part of our budget for entertainment, it's hard to consider gambling as a source of income. Although it's possible but you need to have that extreme skills to win consistently, if you don't have that, better quit early or you lose a big amount that you will just regret.
7365  Economy / Gambling discussion / Re: 2016/17 NBA Season on: February 05, 2017, 01:22:58 PM
Finally GSW lost . So much drama in regular time and over time , kerr was ejected in the third quarter when GSW was trailing but then they erupted and took the lead but again in 4th quarter they failed to score in the first 4 minutes . In OT too they had a fine chance of winning but they didn't make it .
Yeah my predictions are right I've bet for kings +10 finally the gsw if I just bet on moneyline maybe it's a big amount for me. I thought klay will made his last shot for .7 seconds luckily it missed so my bet for total spreads is also right.
It's unbelievable when a team like Golden State Warriors lose. When you look at their team and then the opposition, you can never imagine they would lose, be it home or away. The only issue GSW have is the center. Players like Cousins can easily dominate green or McGee. If they manage to get a better center then it would be close to impossible to stop them. Green is a defensive player of the year but its hard to defend guys who are huge and have talent like cousins. He is a star and pretty much a lighter Shaq on his day, with better shooting.
Every time the warriors lose a game we always see their weaknesses, if they really need a big man, they would have search for it. What we see is just a lost for one game, and I believe the warriors does not need to win every game to prove they are the best team.

In playoffs time it's different, they have proven already and beat the Cavaliers at home which I believe their only rival when they can make it to the finals.
I believe that every time you lose, there must have been a weakness because of which it happened. This is not the first time the warriors lost this season because of a dominant big man in the opposition. They struggle a lot when Green is not on the floor with their defense. They lost 2 out of 3 when green was absent and struggle with offensive rebound. Having Durant helps coz he's close to 7ft tall. They definitely need a good big man coz McGee is generally not first team worth and should be just used for bench.
That's why they lost against the spurs, with gasol and aldridge on the floor, they will be limited in the paint. But as you can see, the defense of the Spurs are very good, they pressure the outside shooters and does not give them a good look. I think we see already who will be the Champ this year, It's the spurs?
7366  Economy / Economics / Re: Is it better to save money or invest it? on: February 05, 2017, 01:02:19 PM
Saving money or investment is a good opportunity to help change people lives.Each has an important part of our life as save money or invest a good practice which ensure you a safest future which also can help you overcome of an emergency or if you need access to your money at a set time.

Yes I think both are important you cannot depend only on saving as it will never grow your money and on the other end you cannot afford to invest all your money as if it fails in future and if you have not saved anything then it will lead to disaster so its always good to save some money so it can by helpful in rainy days and can take care at the time of emergencies.

But with saving more we sure can get more of the value but like you said it cant never grow but if we keep save more and more I think this problem will grow at least. The value will never grow but the amount will keep on increasing so I think it is a good idea. And if you want to play by value may be you should invest although it is like dead money, cant be used no where until period of time. But still I prefer to do both if I have spare
You don't have to save everything you have, the inflation will eat the value of your money. It's good to save but we should also learn how to invest, the risk is there but the reward is great if we succeed, most people who save does not really get the life they are dreaming. All of use dream of a comfortable life and we can only have that if we have a financial freedom, and we cannot have that by saving alone.
7367  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: February 05, 2017, 05:42:26 AM
Banks are the strongest financial institutions we have at a moment which holds support from the Government and the society and bitcoin is not that strong enough which can make banks disappear as not many people are aware about bitcoins yet and they have more faith in banking system as it exist since long time and people do need banks for their daily financial transactions.
I strongly agree with your statement, we cannot make banks disappear just because we are getting popular now. The popular that bitcoin had cannot match what the banks are currently enjoying, what the government wants is what they get, they will surely gonna make measures against bitcoin once it will become a threat to eliminate the popularity of banks.
7368  Economy / Gambling discussion / Re: Gambling Investment Doubt on: February 05, 2017, 05:29:31 AM
For how much time do you usually let your money invested in a casino before finish or renew it?

I'm withdrawing my BTC profits every month, while keeping my altcoin banroll investments for long term. By withdrawing frequently you will be lowering your profits, but also reducing the risks of some accident like hacking or exit scam. For example I already have around 22% ROI, if I didn't withdraw a single time I'd have higher profits since my investment would keep stacking, but if something really bad happens, I'd be left with nothing, but by withdrawing I secured some profit and even if something happens I'll be left with at least 22% of my original investment. So the question about how often do you want to withdraw is a question about how much do you trust your gambling site.
I have never invested with altcoins, I just don't believe they will give me a good value in the future although the volume will grow as gambling sites are very profit. Normally, I just put my bitcoins, and not that the price is surging again, I guess there would an effect on the value and that will be great for me.
7369  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: February 05, 2017, 05:09:44 AM
I never get rich from gambling, I also don't know whether gambling could create a rich and from what I saw most people who gamble always lose
There are only few people that getting rich from gambling probably they have a pure luck? hahaa, I think those who getting rich from gambling are those who have great capital to gamble, last month I've saw a man that bet $35,000 worth of chips on a single roulette spin and win $3.5M, it's viral on facebook and he is super lucky.
If that man will gamble again, there is a chance he can lose back his winnings. I believe he is a high roller, he made a bet that big, so expect a big win for his money. This person for sure is already a millionaire or billionaire, no low earning gambling can afford to bet that big amount just for one spin.

I'm jealous. lol.
7370  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: February 04, 2017, 01:08:27 AM
No one can't become rich from gambling, because gambling isn't a regular source of income and if you win big amount one time you try to gamble more to win more that result all your money to be lost.

Exactly those rich from the start may become more rich on it but not the poor or normal people , we can only be rich on it when we bet higher bets or when we risk higher amounts. That is only the time we can be rich on it.
The chances of becoming richer is less compared to becoming poor, that depends on your strategy and I know there's no smart gambler who would put a big amount of money when they are convince of their skills, however, the record will speak for itself and we know how low the success rate to be a winner in the long run regardless of your bankroll.
7371  Economy / Gambling discussion / Re: do you can control your self when playing gambling? on: February 04, 2017, 01:00:28 AM
Yes i will suggest my self not to play more than with little amount on daily basis. Because we need to set some limitation in order to control ourselves, other wise it is very hard to sustain in this difficult world with all the expenses.
but it seems to me to be very difficult. we always want to get the best results, and one way is to set the amount bet more. self-control is not a difficult thing when can understand the purpose of life that we are headed.

If a person don't have any self control better he need to quit the gambling, because with out setting any rules for himself how can he dumply keep on gambling. It will leads him to loose all the money he had.
That's easy to say but if you are in the position of a gambler with that kind of problem, you will not gonna quit easy because you have the addiction already due to lack of control. It would be easy if they will slowly learn how to discipline themselves so if ever they lose, they will not lose more than they can afford to lose.
7372  Economy / Economics / Re: Blockchain adoption by banking sector on: February 02, 2017, 07:49:07 AM
France biggest bank BNP Paribas,Barclays in UK, Santander in spain and citigroup have all started showing interest in blockchain technology.Blockchains has an unparalleled potential to revolutionize the banking system by improving efficiency and limiting costs.Large business to business transfers could be completed with significantly lower costs.Latest technologies  are always adopted by banking systems as how they introduced online payments and ecommerce in the mid 90s and now, the block chain technology.
Good to know that banking industry are very interested with the blockchain technology, although they will not adopt with bitcoin, it is a good change of the system to benefit the masses. Cheap and fast transaction is what we need, and with bank we can feel secure with our money transfered.
This should happen soon so other banks will follow, lucky are those who stays in a develop countries as they are the ones who can try it first it ever it will be realize soon.
7373  Bitcoin / Bitcoin Discussion / Re: The danger of the cyptocurrencies on: February 02, 2017, 05:34:01 AM
I don't see bitcoin is the future money, or new money. I take it like another commodity like silver, gold, oil, etc.
Calling "bitcoin is the future money", or "bitcoin will replace fiat" is the ego of many groups that loving crypto currency too much.
Blockchain technology with the transparency and anonymous transactions, will never be acceptable to any country. Don't think too much with this crypto currency, just trade it, and make some money.
Gold and silver are not commodities, they are money plain and simple since gold and silver has all the characteristics of money, oil in the other hand is a commodity because it does not have all the characteristics of money.
Some called it commodity since gold is a tangible asset and others call it money, I see it as money and I believe this gold is a good investment overtime. Gold as compared to bitcoin has only a similarity that is it is both valuable but bitcoin for me not just in terms of value is more valuable since it can help the life of the people easier and with it's feature that is anonymous, we will have what we are longing which is to transact online with freedom.
7374  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: February 02, 2017, 05:21:13 AM

Voted for trading, and the result also saying that Trade is the winner of this Poll.HYIP, RevShare, Cloud, are mostly scam(Ponzi), Gambling is luck near to me.I have lost some of my BTC joining bet and earned very little.Trading is only the best source of bitcoin now.Although I have a little skill on trading but I saw, many people earning a lot of money by trading.In this forum most people earned by trading.
That's obvious because we know what is legit or not. I like trading for my future and it's one of my focus now aside from doing some online job to aid my lack of income from my day job. Hopefully someday I will be able to figure out how to trade successfully and that it will deliver me a regular source of income.
7375  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: February 02, 2017, 05:09:33 AM
you can invest your btc to cloud mining, see my signature.. this good offer to all.

No way most of the cloud mining sites are just scam and it's not that good to suggest to invest in cloud mining. I prefer that don't you guys invest to cloud mining or you are going to feel sorry in the end because that is just going to give you frustration in the end. They will just offer you good profit but you are going to suffer in the end.

this is not scam, this is manufacturer of miner..
work some year.
Clearly he said most of the cloud mining are scams and not all, therefore if you site is legitimate then you can attract people to invest, but since the reputation of the industry has been ruin already, some are hesitant to put their money. I can say this because I have a bad experience in the past.
7376  Economy / Gambling discussion / Re: Quit Gambling for Good, think for your loved ones on: February 01, 2017, 07:34:08 AM
I agree with your all points, and i believe if we have a ability to manage ourself than definitely gambling couldn't destroy us. I really respect your points, that our family members have great part in our life not gambling. You are absolutely right, gambling couldn't make a life, we play gambling because we want to earn money and secondly we find entertainment from it. Otherwise, our life is more expensive than gambling for our loved ones.   
I guess the first priority will be the entertainment then second is the money, in that way, we will be safe because even if we lose we can still be happy and entertain. For some people, money is really important but since they do not have the skills to do it in gambling, they will only lose and might destroy the good relationship with the family.
7377  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: February 01, 2017, 04:49:11 AM
It is very hard to become rich with gambling. Mostly gamblers are just going to lose money from it. Maybe the only way to become rich from gambling is hitting the jackpot prize. I think only those who have luck and house owners can become rich in gambling. So, lets stop making money from gamble, just play it for fun.

That's a bit of a delusion to believe and expect that you are going to be rich in gambling someday. No one knows the future, same as in gambling, no one knows who will be the lucky one. Better not expect anything from it. Only those who are lucky are the one who made it out of gambling and bring fortune with them - Some of them are wise enough that they never turn back to gambling.
Gambling is fun and could give you fortune in the future if you are lucky enough, since luck cannot be ascertain, hence we just have to take it slow. No one would say there that they have become rich because of gambling for security reasons but that is possible to happen, however, chances are very low.
But we should not rely on our income coming from gambling, the way we should treat is still for entertainment. It cannot be denied that we really wanted to be profitable, but the journey to achieve that is very hard, time will come we will become lucky and hit big amount and let's hope it can satisfy us.
7378  Economy / Trading Discussion / Re: Taxation on the alts on: February 01, 2017, 03:16:00 AM
Cryptocurrencies are more like a private and non financial assets, governments consider them as online toys more of a private club thing.
Only bitcoin is a serious matter for them, no government can expect taxes from people not using any national resources, you need to understand why are they taking money as taxes first and see if being involved in crypto could be considered tax-worthy or not? are they providing you with their services while you are doing trades in crypto? if yes then they have the rights to charge taxes.
Government are obliging people to pay taxes for whatever they earn as that is their responsibility and they will do that to something that is in their control, since bitcoin or altcoins is not in their control due to decentralization, they cannot tax it. However, because of the fact that we convert our crypto currencies to fiat, it's easy for them to tax us.
7379  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: February 01, 2017, 02:11:51 AM
I can say that for me the price of Bitcoin has a great importance. Ever since I had the coin, I constantly look at what the price of Bitcoin market. I need to know how much I have assets, so price is important for me
the price of bitcoin is the most important component of the way of life of bitcoin itself. even I was in bitcoin or join bitcoin because I saw the prices were very high. perhaps most users also experience it,

Yes, exactly so bitcoin price do matter, everything varies with every currencies’ value or price on how they fluctuated. This is where we can say if we are going to sell or coins or hold it still, and it is just like the fiat guys.
true, any user who invest in bitcoin, they hold their bitcoin wallet, it was because they wanted to wait for a higher price because they want to benefit from their investment
Basically it's like a savings, every time you have that extra amount of fiat your convert it to bitcoin and then save in your wallet. You have to consider it for your long term investment, the value will grow overtime so that is better than saving your money in the bank where it will just inflate the value.

As investor, we are always positive to see a better price as that excites us and we will be encourage to save more.
7380  Economy / Economics / Re: What Will it Take For BTC to Reach $1000? on: February 01, 2017, 02:00:19 AM
Seeing on the current price of bitcoin on preev.com its already on $950+ price mark which means we are almost hitting again the $1k price which have been dump down previously and now its start to cling up again.This price is reachable anytime as long the adoption process is going on and we cant really stop it.
Here we go again, just like in the first week of January 2017 when we reach the $1,000, the start of February 2017 is great since we can see the value is rising again. We will probably gonna reach to that level this month alone and I am so excited to see it. My patience is worth because I never sell my bitcoins waiting for this event to come back again.
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