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7641  Economy / Economics / Re: Spending Bitcoins on: January 20, 2017, 03:06:26 AM
i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.
yes we have also  only the single opportunity that i can recharge my mobile using bitcoin,  other wise in my area not a single shopkeeper accept bitcoin  i think the only reason can be that they do not know any about about bitcoin i think they need a proper knowledge about bitcoin and they we can expect that they will start accepting bitcoin in their shops for shopping.
You have to stop thinking about walking into a shop and paying with bitcoin because it won't happen, you may find the odd shop accepting it but never mainstream because no shop is going to hold up customers while waiting for your transaction to confirm.

What country are you in?
I am sure if you look you will find more things you can purchase online besides phone credit. A lot of people including myself pay bills with btc now.
It's possible if we do not use online transaction and have our own physical bitcoin coins, but I don't think it would be possible and it's still hard for the local shops to deposit that amount or convert into fiat. Please, let us accept the real situation now, bitcoin is very effective as currency for online transaction, so we must enjoy its benefits.
7642  Economy / Economics / Re: Bitcoin can not replace fiat on: January 20, 2017, 02:47:22 AM
Of course can't fiat money replace bitcoin, because we still use fiat money at the end look how much banks they are in the world they won't just change to go to bitcoin. Bitcoin is just good when you trading or other stuff. Also we need fiat for bitcoin price.
lol you right we need fiat for bitcoin price. In my opinion, it is an utopic idea to think bitcoin can replace fiat in the near future.  But the awareness about bitcoin and other cryptocurrencies and also the volume of bitcoin which can be using increase day by day. This is also so important.
If you will ask the majority of people if they know about bitcoin, it will be easy to determine the answer. No, fiat will always be very useful to us and it cannot be replace by bitcoin, we are very ambitious if we think of that. We have our government and we have to respect the law as it is only for our own good. Don't think the world would be a better place to live when only bitcoin will exist.
7643  Economy / Economics / Re: Reason why you should Buy bitcoin now on: January 18, 2017, 08:06:44 AM
As at yesterday the 17-1-2017 bitcoin got a gained of about $68 closed around $905. Today we expect the buying momentum to continue as most traders and investors are buying now. The resistance level at $900 has been broken and bitcoin may likely close around or above $1000 by the end of the week. Bitcoin is enjoying a great goodwill this days and I expect it to be raising through out 2017.
It's still at $890 at btc preev now, this price is very good already from last weak continues crash and I expect this price will increase like the amount you said this month. It's very likely to happen since it's increasing now and a good timing to buy if you are planning to take advantage of the short term profit.
7644  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: January 18, 2017, 07:52:49 AM
Then everybody will wonder why and want to use them. The ban would not work anyway and it will make the government look really bad. There is a country in South America that has banned it but I dont remember which onw.

Not really instead it is the other way around.  Remember Governement have all the power and trust of the majority of its people.  So if the government labeled BTC as illegal and banned it,  those who are holding BTC and trasacting with it will really look bad.  Because these people will go underground transaction in order to use their BTC.

Yes it’s a game of trust and the one who has maximum trust, wins the game. People trust fiat currency because the government trusts it and again the government is people’s organization so while bring it to the micro level, one trust a $10 currency note because the other one do the same and they mutually have the unwritten agreement that they agree, a $10 note has the value of $10. Same about bitcoin, if all bitcoin users believe that bitcoin is worth $10,000 then everyone will have to believe it.
We do believe with bitcoin as well as it's price, but it's based on fiat so we can say that without fiat bitcoin will not exist. The government is the highest authorities in this world, we elected them and they make laws and we fully because we trust them. You are right, it's a game of trust, without it this world will be in chaos. In the end, if they decide to ban bitcoins, we have to respect and trust them.
7645  Economy / Gambling discussion / Re: 2016/17 NBA Season on: January 18, 2017, 07:34:04 AM
The game was close. It can went either way. Wes Matthew's 3's was the big difference. Butler play good tonight however, they did a good job of pressuring on Chicago, making them make tough shots,

Jimmy Butler had 24 points and I still think he is a genuine NBA superstar. This is just one game.
It's one game but if you look at the past games of the Chicago Bulls, it's not impressive anymore. Bulls had a good start but with the health issues of Wade, Rondo, and Butler, it slightly lessen the chemistry factor that is needed to win. As as see, the big superstar in the team is Butler but he cannot handle it by himself, he needs the support of wade and Rondo, especially their bench.
7646  Economy / Economics / Re: How can we make more money? on: January 18, 2017, 06:32:43 AM
What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?

these are 3 different questions you are asking here and all of them are general question that needs to be broken down to specifics.
- for trading you need to read a lot and gain experience to know how to analyze the charts and the news
- a bigger business needs more money, you can get investors, take a loan, take a friend to share the business with,... and so many more depending on what business you are talking about
- work harder and wiser Cheesy
The bold part is very important, whatever we do as long as we work wiser and harder, it will always generate good results. If we say smart, focus on income generating activities where you can use your skills and passion, it will help you do it better and the success would come easy for you.
7647  Economy / Economics / Re: What is the best way to invest/grow your Bitcoins? on: January 18, 2017, 06:17:54 AM
there is many way to grow your bitcoin through investment like as trading and gambling and if your are expert and experienced in gambling then you can join gambling and i hope you will get a big profit through gambling and you are not satisfied from gambling then hold your bitcoin for higher value as long term investment.
I think trading is less risk than gambling although there is a provably fair in gambling site I would suggest to try trading instead of gambling. Gambling is one of the most risk investment so much better if you stay away
You got it right, in fact it should not be compared with gambling because it has been known to us that gambling is merely for entertainment. Talking about investment, it should be something that could give us a decent chance to be profitable and I do not see it in gambling unless you invest in a online casino's bankroll.
7648  Economy / Gambling / Re: BITDICE CASINO - 110BTC MAX WIN, MOST ADVANCED, SECURE, PACESETTER CASINO. on: January 18, 2017, 04:56:51 AM
I see around 40 people online when i log.
Is there any provision to hide our online status because by seeing the jackpot amount and frequency of dice rolls, I guess many gamblers would have opted not to show their online status. Is there any personal settings available for this, I checked twice still I am not sure about where and how to do.

You cannot hide your online status, but you can hide your username from bets so that it shows 'hidden' instead of your username if you wish to be more anonymous.

The new accounts that can be made without email combined with the option of hiding your name in the bets should be enough to feel anonymous.

I think that is more than better... Cool
Too much...anonynity can "hurt" some times. Roll Eyes
What exactly do you mean? You are just anonymous if you prefer to be, but in case your account will be compromise or any related problems you might encounter, you can provide the necessary information that might require your personal information to solve the problem fast.

If there's no problem that you will encounter then being anonymous is always best to maintain.
7649  Economy / Gambling discussion / Re: 2016/17 NBA Season on: January 18, 2017, 04:11:13 AM
Mavs lead by 13 points now with 8:40 mins remaining in the 3rd qtr. I prematch thought that the Bulls would win at home but Bulls are not being able to stop Mavs attack at all. They are unable to read the Mavs plays and either end up fouling or give away an open shot at the basket. Bulls really gotta step it up if they plan to win this.
Game is not over yet, the Bulls are fighting back to win this game, it's a close game now and the Mavs are leading with 1 point only with less than 2 minutes. I hope the Bulls will not let their fans down again, they should prove they are a good team and they can win games home convincingly.
Mavs wins with 1 point they managed to hold the lead until the buzzer sometimes its better to place bets with unfavored teams to win like what happen with houston against the heat unexpected wins and ML is really in good odd.
Not all the time I guess, it depends on the situation and there's a right spot where an underdog or a favorites will most likely to win. This game has made the Bulls favored due to their good performance against the Memphis Grizzlies and that ignite the hype to attract the public to take -4.5 bulls which is playing at home.
7650  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: January 18, 2017, 03:19:27 AM
Coinbase CEO Says Bitcoin Exchange Will Be 'Forced' to Fight IRS Order





In November of 2016, the Internal Revenue Service ordered bitcoin trading company Coinbase to hand over the identities of millions of customers who made transactions through the company over three years, to find out who hasn't been paying their taxes.

Now, Coinbase CEO Brian Armstrong has suggested in a Medium post that the company will go to court with the IRS, writing, "...it appears we will be forced to contest [the subpoena] in court to protect our customers' privacy, at great expense."

Online bitcoin exchanges are the key point of access for people buying or selling bitcoin. Coinbase, founded in 2012, is one of the oldest and largest.

The IRS ordered Coinbase to turn over the identities of all US customers who used the exchange between 2013 and 2015, in order to determine whether users have been paying taxes on their bitcoin.

Read More: How Coinbase Traders Are Fighting Back IRS Attempts to Reveal Their Identities

The summons has been highly controversial in cryptocurrency circles since it would reveal the identities of many people not under active investigation, and who haven't broken any laws. People do pay taxes on bitcoin (or they're supposed to), and according to the IRS, virtual currencies are treated like property for federal tax purposes.

"Asking for detailed transaction information on so many people, simply for using digital currency, is a violation of [customers'] privacy, and is not the best way for us to accomplish our mutual objective," Armstrong wrote.

Armstrong also suggested an alternate way forward for Coinbase and the IRS, which he writes is for all US bitcoin users to pay their taxes: Coinbase would send a yearly tax form that is commonly used by stock brokers to report financial gains or losses to customers and the IRS, he argued.


Read more at http://motherboard.vice.com/read/coinbase-ceo-says-bitcoin-exchange-will-be-forced-to-fight-irs-order.


Cool
They really want to control us, good job for Coinbase for protecting the privacy of their clients. We are here for for privacy but if the government will enforce their laws to get our information then it will just defeat the purpose. They could make different method to let the traders who are making an income to pay the appropriate taxes but not all the users who are transacting online. Even banks has a bank secrecy law, what happen to IRS?
7651  Economy / Gambling discussion / Re: To Gamble or To Invest? on: January 17, 2017, 12:10:40 PM
When you gamble, you are putting your money at stake and you should be ready to lose everything. Moreover, gambling is addictive and will make you to be like a slave. you better find good ways of investing your money other than gambling. You can only win money in gambling if you are lucky. With investment, the returns will be small and slow but at least you will get something at the end of the day. 

That is why if we are going to gamble we just need to gamble what we afford to lose. Because there is always regret in the end, remember that. It is better if you are a gambler just make yourself not too fall for it and don't let gambling control you but control gambling for you. Just balance gambling together with some investments that's better.
I salute to anyone who can do both, gambling and investing activities are all both as they have different purpose. Gambling is clearly for entertainment while investing is for serious people who want to grow their money. It should be that way and it must be understood that both are risky and we can lose if we will not be careful in planning what must be done.
7652  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: January 17, 2017, 11:04:42 AM
We can have gambling as job, but how long ? Gambling will never support its player with consistent profits compared to any job. In my opinion, considering gambling as a job must be more shameful act.
It's not never because in reality gambling can be a job and when you consider that as a job that means you are constantly making profit in doing it. Maybe it's not possible for us but they can do it because they are gifted with the extraordinary skills and talents, so, what we have to do is just respect them and hope that we can achieve what they are enjoying now in the future.
7653  Economy / Economics / Re: Do you Still believe in Fiat? on: January 17, 2017, 10:42:39 AM
I did not used to be an anti-fiat since I got here, but as more and more news of banning cash come to my ears, I am starting to completely turn against this money. What I still like in fiat is that you can use bucks, but as soon as they will disappear, my love for fiat will do so.

Well i can't see that coming in the next couple of years or even decades dude. We can use bitcoin or other crypto or even other types of currencies exclusively without fiat. It's even likelier than bitcoin may be banned or limited than fiat because large banks are running this currency. So i think what you said ia highly unlikely
If you are anti-fiat it means you hate the government, we have different experience based on the country we are living as there are government who are corrupt that does not serve the best interest of it's people. Even if I have that kind of feeling sometimes but I no choice since fiat is the only acceptable as a form of money that we can use to survive in our daily lives. Bitcoin is revolutionary but it cannot beat what government has made.
7654  Economy / Gambling discussion / Re: Everyone looses in the long run on: January 17, 2017, 08:17:38 AM

It is very hard to control this. But if you are strong enough to control your gambling, you can profit.
I have my own strategy, how I play SlotMachines in the local casinos, and I am writing down every result, how much won or lost after the session. And guess what? I am in profit in the long run, doing this for 2 years (not daily ofc, more like few times a month).

So, if you can control yourself, and strong enough to stick to your tactics, you can profit in the long run also.
I actually know people, who make the living by going to SlotMachine Casinos. I am serious.

Thanks.

Now, that makes your posts very interesting. If you really make a profit in gambling then your method is worth sharing, please do if you don't mind, it will help us. Grin

The control you have is good because you can control yourself to win, but for me, I just control myself in gambling to minimize my loses. So, like I said, it would really help if you can share your method.
7655  Bitcoin / Bitcoin Discussion / Re: Why the Bank would no longer fit for the future? on: January 17, 2017, 06:25:44 AM
Let's face the reality that bank will always be in the future, whatever improvement or changes in our fiat system in the coming future bank will still be the one to monitor and control it. We have tried the decentralize system but we have the government that will always not allow the people not to follow the laws and regulation in our respective locations. Banks will stay and I hope crypto will improve and be working with banks if possible.
7656  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: January 17, 2017, 06:01:44 AM
There is no way to say to those which had bought or hold their coins on the last pump had regret, it were a 300$ drop, soo you could be with more bitcoins now just by selling it at 1100 and buying it at 800 dollars, easy as that. The bitcoin value will always affect all business related to bitcoin, and all investors, there is no way to stay normal with such change.

That is right, mostly Bitcoin users really are watching the rise and drop of the Bitcoin's price and they are really important to them. Even a slight change affect them. A small change can a affect a Bitcoin user, and if that price drop a $300, it will really be a sword lash to them, it will really hurt the users and dramatically reduce the users.

This is really true if you area trader. Any price movements or price difference is important because this is the way you can determine whether you lose or in profit. If you are on a long term trading or in investment, this price difference will also matter but not too much worry.
For day traders they care so much on the volatility of an asset, thus it makes them decide to trade in the crypto world as it's nature to be volatile and there active monitoring on the price makes them profitable. It's actually all about the right timing and when you can do that you can expect to earn what you expected. Price matters to all of us but we all care for the success of bitcoin and see a bigger price in the future.
7657  Economy / Gambling discussion / Re: Worst mistake in gambling on: January 17, 2017, 04:58:08 AM
Never gamble while you are drunk!!! I think this is the worst mistake. You can loose easily your coins anyway, but when you drink, you make more reckless bets, and loose in no time. True story Cheesy
Right lol because you can't control yourself to be greedy when you're drunk. You want to earn fast with just a few hours. Try to gamble when you're in a good mood
Like they said, do not gamble when you are in the stable state of mind, when you are drunk your mind is weak as your emotion is more dominant. We know for the fact that gambling is a mind games so we have to follow what it requires us to be a winner in the end. It's always a mistake to gamble when drunk unless you are just playing it for fun.
Mostly men do that and I agree that is foolishness when your main purpose is to make money, you can fully execute your game plan very well since your mind is not working well.

Professional gamblers does not do that but typical gamblers usually do it, it's more fun and entertaining especially if we are playing in the real casino. It's only worst when the outcome does not give what you are expecting, it's good to play just for fun so there's no restriction to gamble even if you are drunk.
7658  Economy / Gambling discussion / Re: Gambling loses and wins on: January 16, 2017, 08:46:19 AM
So.... how much have you win or loss gambling ?? And what did you stake ?
I've lost about $60 so far but im planning to win it back. Pigs get fat and hogs get slaughtered.
A saying well said, however i still need to learn it since my greed is my downfall. Guys and girls
how much money have you made or lost gambling ? Any pointers or warnings ? 
I think you already have a gambling addiction be careful on your future in gambling,
I also think that you should limit your gambling maybe set a goal for a day if you reach that goal you should stop for a day
Well, it's not only on a daily basis, it's preferable to be more futuristic by having a long term goal than just limiting your strategy on a day by day gambling activities. It's right that you should put a limit in gambling as we do not know if we have a lucky day or not, but if being profitable is what you aim, you must operate with a long term plan and do adjust your method accordingly that would ensure you a win in the long run.
7659  Economy / Gambling discussion / Re: Everyone looses in the long run on: January 16, 2017, 08:34:12 AM

You will get a chance to make money in casino games, but you should know when to stop your play otherwise what mate said it's right casino games are a loss in the long run. But in skill games, we can make if we have proper knowledge on games and have a big bankroll. We can not make long run win sports betting because we are getting a lot of unexpected results, but you can make in a poker game if you are professional in Poker.

Poker is not 100 % skill based game and it is more of luck based as well however people has a real chance in making money from poker games. Proper knowledge is not needed in poker games, all you need is to know when to bluff or when to act so that you could set it up as its looks like you dont have a good card in your possesion
i think bluffing is a skill , so playing poker it's just another skill based games . you can play poker without have nothing indeed but with skills and some experience to see the opponent act real / bluff / or just showing a 'poker face' , the chance for you to get lost in the long run reduced . this game much more fun rather than any other games i guess.
in terms of strategy game yes mate poker is one of the best, a lots of gamblers play poker because they are thinking that they have some skills that they can use especially with live games you can use all strategy that you have to take your advantage and to win decent earnings.
Poker is fun and truly it's profitable if you do a better job, but I have lost my interest in playing it online honestly, I prefer to do it with my friends as I am not really that good. What I do online is playing sports betting because based on my record, I was able to perform well. It's not that profitable but I am pretty sure in the long run, I can learn the key to success.
7660  Economy / Trading Discussion / Re: How do I grow my btc? on: January 16, 2017, 05:06:57 AM
Hey guys I'm not sure if this is the right place so please tell me if it is not. With that out of the way, I have a question for you all. I have recently been able to gather about .5 btc through minor trading and I was wondering if there was any method or way to grow this btc into a larger amount safely and fairly quickly. Thanks!

Actually you can grow your coins by simply buying other coin which is altcoin, for you to double or tripple your investment in there through by doing trade in the exchange platform. Just make sure the coins itself is really have a potential project and big community investing to their project.
currently if you have no experience in trading then you can even make good profit if you simple hold bitcoin. because the price of bitcoin in increasing continuously. so you do not need to invest your money in alt coin or in gambling.
Knowing your capacity is always recommended, you are right, you can still earn in bitcoin by just holding your bitcoins in the long run. However, you must ensure that you have a decent capital to invest in order for you to enjoy and be satisfied with your profit in the future. Most of the traders does not have a decent amount for long term investment, therefore they choose to do day trading for consistent income and even try a riskier one which is gambling.
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