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741  Economy / Gambling discussion / Re: Why is gambling so addicting? on: January 01, 2017, 01:20:51 PM
I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc Sad

Why is it so addictive?
yes my feel too , i think gambling was created with in addictive
and addictive is a sign that gambling ..
interest in gambling is the beginning of addiction. Well, I guess it's fair goes back to play, even though you know that the money you use to gamble it will run out. Well, almost everyone who gamble like that. I guess it is the effect of gambling, and it does have a sense of enormous interest to try again.

It is probably the interest that drags you back somewhere where you know you will lose everything you have, and this interest makes you in habit of it slowly slowly and after a few days even if you want to leave it but you will still not be able to leave it.

yes its true and many of us is come back into gambling industry even if we don't make any profit. the gambling is design to make people wants to play over and over until their money is empty and the site or the casino makes a new changes to attract more people to come into their places.
actually our hope and expectation bring us back in gambling, for every time expect to make money and for every time we do not remain succeeded. but still we continue despite the fact that even in next time the loosing chances are more than winning chances.
742  Economy / Gambling discussion / Re: Dice Games Are So Much Fun on: January 01, 2017, 01:09:46 PM
Dice games have never been fun if you ask me, because I have mostly lost there and in other people's cases too, I have mostly seen everyone talking more about losses than wins because just a few people go home winning anything, others will just cry hard due to big losses and/or some wrong decisions due to greed.
actually the problem is that the dice games mostly depend on your luck and no one can be luck for every time. therefore the loosing chance in gambling is more that winning chance.
743  Economy / Gambling discussion / Re: Gambling problem on: January 01, 2017, 12:56:53 PM
Weak minded people are normally ones to get addicted to gambling, drugs or more.
But people with newly found or existing emotional or psychological problems or more likely to become addicted.

So both weak minded people and those people who are into experiencing an emotional and psychological problems are the ones who are becoming addicted in gambling. It is hard to cure the addiction if they are getting addicted by that way. Because mental problems are the diseases that is hard to determine its cure.
the number of people who are addicted to gambling is larger than you can imagine. You can not criticize them all just because they are inexperienced in gambling. I do not think that everyone of them have weak mind and psychological problems. Maybe they need more time to understand what they are doing and soon they will know how to control their feelings. Then, they will all figure out the way to lessen gambling
there are so many people who are addicted to gambling but they play gambling in such a that that they are not effecting themselves psychologically, therefor they do not consider it wrong to become addicted.
744  Bitcoin / Bitcoin Discussion / Re: The future looks fantastic, kids love Bitcoin on: December 31, 2016, 09:47:21 PM
Introducing bitcoin to kids or even teens is a great idea cause they live in a generation full of technology so adopting to bitcoin will be pretty easy for them . And they will also benefit from it when the mass adoption comes, They will be an early adopters then .

Just be sure to don't let let them earn money ftom it yet . Wait for the right time .
There are many mediums to learn bitcoins but youtube is the best one especially for kids
to me i think bitcoin should not be introduce to children. because bitcoin is not still using as currency most of the people are using it as investment and children should only give preference to their their study and when they complete their study then they should take part in trading.
in fact bitcoin is going to be the future currency of the world therefore if the children are trained about the concept of bitcoin as currency is not a bad idea, they will get some good information about bitcoin before they feel the need to start using it.
745  Bitcoin / Bitcoin Discussion / Re: Do Bitcoins have Tax?? on: December 31, 2016, 09:43:08 PM
I guess this needs to be stated every page.  Roll Eyes
In the U.S. You absolutely owe capitol gains tax on any rise in price. No question at all about it.
https://www.irs.gov/uac/ten-important-facts-about-capital-gains-and-losses

And to clarify, the mining fee is payment for service and not a tax. Taxes are levied by governments. Bitcoin is not a government.

It's embarrassing to see how many people understand nothing about taxes. How do they survive in society not understanding their taxation responsibilities and why are more of them not in prison?
actually in most cases the government are receiving taxes by applying it directly on our salary an other product we do not pay tax naually therefore most of the people have no idea about the tax they are paying to the government.
746  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: December 31, 2016, 09:35:12 PM
Bitcoin is digital currency and transaction fees is very low when compared to real money. Transaction in bitcoin is faster than in fiat even from abroad countries. Investment in bitcoin increases gradually and investment in fiat currency mostly remains the same.
yes bitcoin is digital currency while fiat is paper money, bitcoin us used for both local as we as for online trading while fiat can only be used for shopping in local shops. in fact bitcoin is the currency of the future.
747  Bitcoin / Bitcoin Discussion / Re: Storing of Bitcoins is against Bitcoin. on: December 31, 2016, 09:29:19 PM
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.

I think bitcoin storing becomes a problem when no more is added. I think if bitcoin is constantly added to a holding wallet that it will be ok since the wallet holder is buying more bitcoin all the time.
i dont think holding bitcoin is buying more bitcoin its depends on the price its increases and decreases even the price increase your bitcoin doesnt increase the value just add , they are alot of people there holding their bitcoins and waiting the price to increase
yes there is no such law in which it has been mentioned that storing of bitoin is again the law, i think every one has the right to hold tier bitcoin for what ever time he want. there is no restriction regarding bitcoin storage. you just need to keep it safe and protect it from the spammers.
748  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: December 31, 2016, 09:23:14 PM
I think this is an action that is not useful. when we can use bitcoin for more positive purposes.
I assume that buying drugs with bitcoin is a very stupid thing. because bitcoin is created for something much more useful.
actually bitcoin is like a fiat currency which can be used by both good and bad people at the same time and there is no blame to bitcoin, but still we can expect that bitcoin will be used for good activities only, and it will be more helpful for those who like online trading and business.
749  Bitcoin / Bitcoin Discussion / Re: How high would Bitcoin price have to be for you to live off Bitcoin? on: December 31, 2016, 09:17:53 PM
For me as much as bitcoin can rise, it will be better for me to live off, means we always wants note and more, that's the human nature. So, for me now I need to collecting more and more bitcoin.
Also for inherited to my children and grandchild.
to me i think lit your children and grand children leave their own life. they should earn for themselves, you nee to earn for your self and to support your children tell they become adult,you should try to facilitate your own life by earning and fulfilling your daily requirements.
750  Economy / Trading Discussion / Re: Trading is unpredictable job. on: December 30, 2016, 11:36:45 PM
I have the feeling that more and more people want to trade Bitcoin but it's harder and harder to make some profit. At the begininig it was easier and more simple. You have to put a lot of efforts but at the end the risk is high and the profit uncertain. Especialy with arbitrage trading.
we must have the experience and also the right decision. whatever happens we should be grateful. trading just like any other job. we should be able to focus on getting the best results.
yes that is right to say, but i think if you have good experience in trading and your prediction is good about bitcoin then you can surely show good result in trading and can really make good money.
751  Economy / Trading Discussion / Re: LONG TERM BITCOIN BUYERS on: December 30, 2016, 11:25:05 PM
It will depend a lot of the Bitcoin price. If I bought for $500, when it hits $800 and I know the price won't be stable, I sell all, wait the price down again and buy more one time. If I know the price will be stable, I just hold for the next "flash" pump. This way it's possible to make a good profit, the currency volatility allows we to do it, it's amazing.
Yeah holding bitcoin is always depend on the price or market movement.
Even though a short term of holder can gives you a lot of profit. Example, this year we can see that the price in the first quarter of the year is pretty lower than now but now you can see that the price is almost double or nearly tripled so it is not always depend on how long your will hold but depends on how the market moves.
It is one way to say it , but the market depend on the people who hold the bitcoin , it depends on the demand and how well there are suppliers there are , if people sell there will be less demand which means price goes down , if people hold more demand on it and the higher the price is, it is all connected.
in fact it also depend on the amount you have to invest, if you have good money to invest then you can even hold it for a long time and if some people have little investment then he cannot hold it for a long time and therefore short term investment is the best option for your.
752  Economy / Trading Discussion / Re: How do I grow my btc? on: December 30, 2016, 11:19:55 PM
Invest on legit coin or new coin that growing faster! Smiley
Currently the price of bitcoin is increasing much faster so there is no reason that someone will invest in any other coin. Try to invest only in bitcoin and when the price of bitcoin reach to a peak then try to search for good coins and buy them also. That is a good strategy nowadays.
yes that is a fact in present time you do not need to invest your money anywhere because the price of bitcoin is continuously increasing, you should only hold your bitcoins for the price increase. but still if you want to invest your money then i will suggest you to invest your money in alt coin. by choosing a good potential coin.
753  Economy / Trading Discussion / Re: What’s your hidden reason for becoming a trader? on: December 30, 2016, 11:15:19 PM
In trading you use your experience but gambling experience don't work.On gambling you need luck,without luck its impossible to win in gambling.you got more profitable in gambling but there have big chance to lose your whole investment.So I suggest do trading at least you will not lose your whole investment.well before invest on trading you need to learn about market trend,people sentiment etc then you will be a good trader.thanks
i not one only in gambling but in trading you also need your luck, as without luck you cannot make money neither in trading nor in gambling, but i fyo have some experience in trading then you can increase the chances of winning.
754  Economy / Trading Discussion / Re: Sell BTC anonymously on: December 30, 2016, 11:10:32 PM
Localbitcoins is a good option if it's available to you - pretty anonymous in itself. You can take cash payments if I remember correctly, and can charge your own price as well. Worth a look.
yes i am also in favour of local bitcoin, it can really provide you a good service to you anonymously, i personally also using it ans i always found good result from it.
755  Economy / Trading Discussion / Re: how to start trading with a very small amount on: December 30, 2016, 11:03:33 PM
Trading with a very small amount only useful for a set of trading experience

Experience in trading is a general thing and doesn't really apply on a certain amount of money that you can afford to trade with. Regarding small amounts, other than people not really having much to trade with, or that they are just testing out how trading is, I don't really see the added benefit of such a thing. That applies to trading Bitcoin. With altcoins it's of course a different thing since certain altcoins can just explode in value where you gain like 100-500 in a matter of a month. But that's not really something I consider to be trading. It has more similarities with gambling as you purely depend on luck.
yes that is a fact but mostly when we start using bitcoin for trading as a new we cannot put  a big amount in trading, and the only reason is that we have no experience and there is greater chance of loosing money. therefore putting small amount in trading for getting experience is good idea.
756  Economy / Trading Discussion / Re: The best traders in the world – what they have in common on: December 30, 2016, 10:52:19 PM
This guy called the latest price with 100% accuracy.I now follow him for the best trading ideas and its free or can donate by the looks of it.

there is no 100% accuracy in speculation my friend unless you have a time machine.

and looking at his articles it is similar to anything else, i don't see anything special about his speculation in particular he said "price will move to the higher price range of $850 or drop down with a major Retractment" i wouldn't call this 100% accuracy i call it a cautious speculation in order to say "i was right" in the future.

but to be fair his stuff is not that bad either. it is better than most things i see.
I totally agree with you that theres no 100% accuracy on trading since price are on random basis and this is just a retracement using fibonacci and as you said this stuff is not bad either since skilled traders or professional traders do usually do this kind of stuff.
The most common activity that I think most of the professional traders have in common is that they have patience and awareness. Patience does not mean to back a useless coin when even its being dumped. Awareness means to sell the coin oo asset you bought once you think its gonna get lower and lower only.
i think the most common activity among them is to have a good strategy for their trading, the most successful traders always follows their strategy for getting good result from their trading, therefore to me i think their similarities may be the fact that they have good trading strategies.
757  Economy / Trading Discussion / Re: Best trading places on: December 30, 2016, 10:47:09 PM
i think that BITSANE exchange is trusted and secure exchange for trading and there is maximum exchange for trading but i feel safe and secure when i trade in BITSANE exchange because there is a lot of people are using BITSANE exchange nowadays and it getting too much popularity than other exchange.
Any proof? and I weren't seeing it in the http://coinmarketcap.com/exchanges/volume/24-hour/
But where is it going? Totally I just wanna prove it. So totally we were speaking about the fact, but nice promotion, dude.
i think that bitsane is new exchange and i also heard about it but it will be take a longer time to get popularity and i think they need more promotion for their exchange like as liqui exchange then i hope they will go ahead .
Yes but i think most of the exchanges are trusted and reliable you can put your trust on it, but to me I think the most important thing is that you should not to put your all bitcoin in exchange on same time. As there are also chance that the exchange can be hacked just like bitfinex , therefore you need to put your money in different exchange in different  time.
yes i am agree with you, i think the most important thing is to invest your bitcoins in different place using different exchanges, because you should not put all your money in risk in one time.
758  Economy / Trading Discussion / Re: What do you do when BTC shoots up? on: December 30, 2016, 10:29:02 PM
Too difficult for predicting when the price will get his maximum increase. Yesterday when the bitcoin was shooting on $915 and just take a short time for the price go back to the below $890. We just are able for predict it, although sell at $910 and we just hope it will go back below that.

Yeah, especially if we are not the whales.  We know that the  price will go up but we don't know what is the peak before it start to decline.  Charts and news never helps in predicting the exact rise or stop of Bitcoin price before it starts the correction phase.  They only give us hint of the next price movement.  
I think that it is very clear that the future of bitcoin is very clear therefore to me I think long term investment  will be a good decision, as no one know that when the price of bitcoin is going to take correction. In long term investment you will never feel the fear if the price goes down for correction.
everyone is still confidence that the price of bitcoin has still too much potential con continue its journey upwards. therefore they are not ready to sell bitcoin, the bitcoin will take correction but after people start selling it and still they are not ready to sell their bitcoin.
759  Economy / Trading Discussion / Re: I have 5K€ to invest ! on: December 30, 2016, 10:15:11 PM
Just only invest in the bitcoin itself and not in anything else, the bitcoin is gonna rise and will go to a higher amount, if you invest now you will make a nice profit for sure.
i agree with your opinion to invest in bitcoin and you are right that bitcoin going to rise its price and we know that current time is good to invest in bitcoin and its very profitable for everyone and i recommend that after getting profit from bitcoin you should invest your profit in real business.
Yeah bitcoin is the best investment than other investment because bitcoin rising too much faster and people adopting bitcoin for the next year and i hope that 2017 will be too much profitable year for bitcoin users and they will be get a big profit from bitcoin sooner in the future.
as 2016 was the great year for bitcoin so we can conclude that 2017 will also be the best for bitcoin, and hope that in 2017 the price of bitcoin will cross 2000 USD, as we are very closed to 1000 USD in 2016.
760  Economy / Trading Discussion / Re: Is anyone interested in learning how to trade bitcoin for a living? on: December 30, 2016, 10:13:06 PM
$1000 a day sounds like a fairy tale deception
if we consider the current price of bitcoin then i think 1000 BTC is enough for me in my country, i bitcoin has a great value when in convert it in to  our fiat currency, therefore i think 1000 BTC will be the best.
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