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7581  Economy / Economics / Re: Big Crash coming on: March 10, 2017, 03:56:59 AM
How can you say that big crash is coming ,dont you read news on cryptocurrency? They already predicted that bitcoin will first reached the 2000$ before going down.
And what news are that? The bitcoin bull news? Bitcoin has great potential but to reach that price there is a long road ahead of us, be happy with the price as it is since it is already large enough that no matter at what price you bought you can make a profit.
Correct because I would rather want to see a price increase slowly than there is an abrupt increase which is very scary for us. The recent drop is very alarming but good thing it's back up now, I think we will be stable at $1,200 and will continue to increase slowly overtime.
7582  Economy / Economics / Re: Do you Still believe in Fiat? on: March 10, 2017, 03:28:42 AM
I believe in Fiat because it will always be protected by the government. Fiat is a way of controlling people, so it will never disappear

Yeah right, we have to admit that using bitcoin is still limited and has not been widely used for direct transactions. I hope many places approved bitcoin, so that it can reduce the fiat money.
I believe that will not happen easily, bitcoin is not at its peak now despite breaking the all time high, we need more time to see a massive increase of adoption but that increase is not a big threat to replace the fiat system. Bitcoin will always be a substitute money or commonly known as payment system for online transactions.
7583  Economy / Economics / Re: Passive Income on: March 10, 2017, 03:02:05 AM
there are many ways to earn bitcoin but I never saw any passive income for bitcoin with safely without scam, I think bitcoin investment is not passive income because it is not every day we get a profit because sometimes one day you can get loss
It's definitely an active income because there is no guarantee for the holders that the value will continue to rise in the future, the market has ups and downs and for you to be able to benefit from it, you need to trade with timing. Passive income do happen in real life business like if you are having a franchise business then you will receive some kind of royalty fees.
7584  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: March 09, 2017, 08:05:44 AM
Holding Bitcoin is right thing. But, you cannot get any profit from holding. But, if you make some other investments or trading will give some amount daily. Now a days Bitcoin values are raising very high. So, lot of peoples adopting cryptocurrencies. so, you could create or implement your new ideas to increase your earnings. Otherwise holding Bitcoin is a stone in the sea.
So what is your purpose in holding then? From what I know, we are holding bitcoins because we are hoping that the increase in value will give us profit.
I believe in holding in the long term because it has been proven to be effective and the early adopters can share their experience of success about this matter.
7585  Economy / Economics / Re: Investing Bitcoins? on: March 09, 2017, 07:28:47 AM
Why invest your hard earned bitcoins when you can just hold them and use that as your investment, got to be safer than any other investment opportunities.

I am 100% agree with you, you know many time i was thinking why people do investment even we have a choice to hold the bitcoin and automatically bitcoin price give us profit and it is more safer than investment, because i already have bad experience of investment, that's why i avoid it. If we want to take risk than should go gambling. 
For the reason that we want to maximize our profit, holding bitcoin will only give you success when the value increases but when you use your bitcoins to invest, you might grow your holdings and that gives you a double benefits. However, it's not that safe as holding since the risk is getting higher when you aim for bigger profit. That's the only of the investors if he will take that investing method or not.
7586  Economy / Economics / Re: Should I believe in Bitcoin ? on: March 09, 2017, 06:42:47 AM
Like what gamblers says gamble what you can afford to lose just like in bitcoin.Investing is not always on profit may have downfall sometimes but it must not be the thing to stop you from investing it must be your motivation to invest.Just invest what you can afford to lose in future.And study onbefore investin.Wish you goodluck mate
Correct because even how convince we are about the potential of bitcoin, it's still not acceptable to put everything and believe on it 100%.
Reserving some doubts about it's future will help us analyze bitcoin carefully and we will certainly arrive with a very good decision.
Let's hope for the best since we cannot ascertain what happen and along the way, there are trials and with continues learning we can surpass it.
7587  Economy / Economics / Re: Finanacial System on: March 09, 2017, 06:18:31 AM
What are the threats for financial system from bitcoin?
To make the current financial system to a decentralized system? That's why some of the bitcoin enthusiast are thinking which I completely disagree with, it will not happen though it's a threat but it's not a big threat to the government. They have the power and they can regulate bitcoin to their favor.
7588  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: March 09, 2017, 03:38:09 AM
I found gambling as an entertainment but since it involves money of course all of us hoping to win and gain profits. Who wants just to play around and spend all his penny and let it loss? I don't know for those rich people. Just enjoy the game, don't take it seriously so just bet the amount you can afford to lose.
Winning is everyone's goal but appreciating the game despite of the loses is a thing that everyone should do, that way we will not rage and chase our bets which would only increase our loses and making us desperate with gambling. That situation is very hard as i have been to that many times in my life and now I'm trying my best to avoid that from happening again but just playing for fun.
7589  Economy / Gambling discussion / Re: do you use analysis when play gambling? on: March 08, 2017, 10:53:35 AM
Just want know how much the gamblers who use analysis when play gambling and what kinds of gambling game? And do you think it is needed or not making analysis on gambling game or it is depend on lucky. Thanks for share your opinions and experience.

That would depend on the games on which part you are going to play. example you choose to play poker game card, this will be really need to use analysis, and bluffing in the games.

That's right. Analyzing really depends on what gambling game are you playing, and poker do really need something beside analyzing, it is skill, even if you analyze these kind of games but you dont have any skills, it is useless.
If you have the skills your analyses are most likely right, that is the real story mate. Analyzing games is the main thing that a gambler should do and even if he fails at first, what is more important is to continue learning to improve your skills.

It's called skilled based games because that requires skills for something to win and those who have a better skills are most likely be successful in gambling, so I would say that we should not get tired of making an effort as in the long run we might get the success we are hoping.
7590  Economy / Gambling discussion / Re: ANY STRATEGY TO WIN IN GAMBLING? on: March 08, 2017, 08:06:58 AM
There's no assurance in such thing like in gambling. You can't foresee the future but it will be up to your choice if you pick the right decision. But if theres one strategy i can share is that as an individual who gambles you need to trust your instincts so in the ensmd you will not regret the chances you took.
Knowing our chances in gambling is a wise attitude of every gambler, we know that there is no assurance to win because that is how gambling works. We gamble based on our chances only and even if we have a good chance, that would not easily mean we will automatically win.
Sometimes we are being unlucky and we have to accept that as we cannot change the outcome, but more importantly is to focus on the next game and improve your strategy.
7591  Economy / Economics / Re: How many Bitcoin do you have saved? on: March 07, 2017, 05:14:33 AM

Nice picture you are doing very good already, since you have a little more than 90 bitcoins at the moment I’m at the verge of getting my first bitcoin in this month, I’m very far away from you but at least I have started my journey on bitcoin unlike most people in the world.
Yeah, because it's never too late to start a journey. Don't overthink too much because bitcoin will be a success in the future, 1 BTC target per month is already a great target to make and with that if we can consistently save, in five years time that will be a big amount of money.
We don't hold the future but majority of us has a great feeling about the future of bitcoin that's why we are investing on it.
7592  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: March 07, 2017, 05:07:20 AM
impossible to hack accounts wallet for in the near future, when you say should be the formula and all that it takes time to investigate and should it be solved code that then when it was also the wallet code security has been reinforced so the chances are very slim once to be bitcoin wallet account hack
In terms of security of our bitcoins, I think it's outstanding and the possibility of being hack depends only on how we take care of our bitcoin wallets.
With negligence it's very possible therefore we should know how to strengthen the security of our wallets if we believe the balance is very precious to us.
7593  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: March 07, 2017, 04:16:56 AM
Sure you can, remember bitcoin found for freedom, all we can do. We can manipulate the bitcoin if we have sufficient stock, everyone will agree and do not complain if you can control it.

I agree with you, to manipulate the price of Bitcoin Only those who have a large number of cryptocurrency. They can act so that the price goes up or falls on the stock exchanges.
Though it's possible that we can influence the price of bitcoins but it is not that easy since there are guys who hold more than 100 bitcoins and yet they are not sure when the price will went up and down. So, maybe someone having 1k bitcoins can influence the price with a significant change but low amount holders can just be happy by altering a bit.
Just give them the opportunity to manipulate as we are not in that level yet, what we should be thinking now is on how they do it and predict what will be the price with their manipulation. I think once the adopters will grow, manipulation of price will be lessen or probably will not happen anymore in the near future.
7594  Economy / Gambling discussion / Re: 2016/17 NBA Season on: March 06, 2017, 03:24:52 AM
The Boston game and Atlanta game were ridiculous today! Both game winners from 3 with no time left on the clock. Just wow
You can't do anything about it, we are betting in NBA where anything happens, it's amazing right?
Glad I have my money with the Suns upon knowing that Horford will not play and such a good value taking the moneyline.

By the way my next bet will be on the Dallas Mavericks, I like them playing at home although OKC is a great team with their superstar machine westbrook.
with dirk and curry they have some chances and playing in their home crowd will be the great advantage of  this team,
1.80 odd is considerable to bet let see if how this game will turn after the final buzzer, good luck mate.
Dallas Mavericks are leading the game with a double digit lead entering the fourth quarter, if they can keep their lead they can easily win this game and once again makes the crowd happy. I like Dallas now, they improved so much and I hope every game will be played well so they can climb to the playoffs standing.
7595  Economy / Gambling discussion / Re: What would you do with your winnings? on: March 06, 2017, 03:17:26 AM
If ever I won something big, the first time I will do is withdraw it.  Keep the 20% for savings, 10% a bankroll , 30% to investment and the remaining for daily needs.  I think I will continue to gamble with the allocated percentage and if ever I lose it all, I will stop playing gambling games.

The most important is to set aside part of their daily needs, whether you win big or win small. When did you lose a big win again all that you get if you do not set aside part of your daily needs, especially if you're just a small win. It is not sure you're going to lose everything because of gambling can not predict the future, but at least if you put it aside most of you would not lose everything you have.
I never think that way, I will not compromise my needs relying on my earning in gambling only because that will not come on a constant manner while our need to survive daily is necessary. Gambling winnings is only good to spent in things that you can enjoy and not necessarily for your daily needs, it's only possible if gambling is your main source of income.
7596  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: March 06, 2017, 01:51:23 AM
Really if you want steady profits from Bitcoin just find something you can do that you can charge for from other people; some easy things include translations if you speak multiple languages, writing in your native language for altcoins and just general writing, and digital art design. Other things listed here generally involve medium to high amounts of risk.
there are many jobs that you can use to get a lot of bitcoin. if you have a lot of skills as fluent in English, smart in design, coding.
in Here you will get a lot of money dude

Indeed, but do not worry if you are not good at anything yet because if you have that dream, you can always learn that things. If time passes you are still not learning, you can still do other things as well, time is gold and we should always treat it the way it should and valuing our time is necessary.
Trading for me is very simple and anyone could learn even if you are not good in coding and fluent in english, and take note that the return is awesome.
7597  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: March 06, 2017, 01:20:24 AM
A bitcoin bank is not what we need. In think the current online wallets like blockchain.info and coindesk server this cause.
Bitcoin is meant to be decentralized, and so it should be.
In a way they are already bitcoin banks since they are storing a big amount of bitcoin that does not belong to them, the only thing they are lacking is offering interest rates for having your money there, but I have my doubts a bitcoin bank could offer such a thing.
blockchain not bitcoin bank. it's just a regular wallet and full control there in different users with bitcoin bank control is also owned by that bank?
excellence bitcoin bank only provides interest to customers
We do not need interest anymore as bitcoin in the longer run grows its value which is opposite when we deposit fiat in regular bank.
Bitcoin bank is not like a bank in real life which is govern by the government and there is a strict rules and regulations that every depositors should follow. I think for now online wallet is nice to be considered as our bank as we can easily transaction without much restrictions.
7598  Economy / Economics / Re: Do you Still believe in Fiat? on: March 06, 2017, 01:09:35 AM
For missing certainly took a long time, but if it is definitely reduced. All countries advocated to reduce cash transactions, making fiat money looks not much circulated. Times changed, we never knew 10 years again, because the technology and information ran fast.
Technology plays a big factor in this world to make transactions faster and easier but I did not feel the demand of fiat has lessen and even for paper money. Apparently, people are still using paper money as it's the simplest form of fiat and they want a very easy transaction that does not need internet to transact, bitocoin relies on internet that's why it does not attract majority of adopters.
7599  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: March 04, 2017, 07:07:50 AM
Till now I don't find any restriction for bitcoin usage, anybody can use bitcoin without any problem, but people should understand that bitcoin is a decentralized currency which is acceptable through online itself. Yes, ordinary citizen means if he doesn't have any knowledge about the internet than bitcoin usage is unfit for him.
If an ordinary citizen can use other payment system like paypal, I don't think they cannot adopt with bitcoin. Actually paypal is more stricter as you account should be verified first before you can avail of their service but in bitcoin, it's very simple and you can make it fast since no third party to approve or reject your application.
7600  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: March 04, 2017, 07:02:11 AM
I don't think bitcoin will replace dollar soon because more countries were using dollar currency, and as I've heard the feedbacks from people that it's good and the value is stable with minimal fluctuations. In bitcoin there's no significant reasons that it will replace fiat dollar due to its price value is always changing and in economy of a country it really needs to be stable, eventhough btc price reached that higher value today, it doesn't mean it will replace dollar currency just for faster price increase.
That recent price increase has nothing to do for a possible devaluation of dollar, such a strong currency and it will never just weaken just because of the crypto currencies or bitcoin which is the leading of all. Sure, bitcoin get a good adoption and it's growing currently but it cannot match the trust and confidence of the people who are using regulated currency especially a bigger one which is USD.
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