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7861  Economy / Speculation / Re: Bitcoin can break above $1,100 again? on: April 01, 2017, 04:10:04 PM
Here we go again, the cycle continues.  Grin Grin Grin

Hopefully this time it's not a trap.

There will be always traps with bitcoin price, do not doubt in that! I see some members here refer on history as a pointer for the future, and I noticed that in summer time prices are going down and recover after summer vocations. That is happening twice while I'm here on forum, so maybe there is truth that we can expect prices to go down again and only after summer to expect rise. Halving was last year, and maybe this price behavior was because of that, I don't know I will follow price movement carefully like I always do.
7862  Economy / Economics / Re: How can we make more money? on: April 01, 2017, 11:51:27 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?

There is no general rule for making your business bigger, and for making more profit. For each business you have specific rules that you need to follow, and only things that connects successful people is their character I think. You need to be smart and well informed about your specific business, you need to have knowledge and to know how to apply that in real life, invest a lot of time and effort and all the profit you make in first couple years put back into your business, no spending for stupid things.
7863  Economy / Exchanges / Re: The Return of Crypotocurrency Withdrawals? on: April 01, 2017, 09:14:17 AM
Huh TWO of the "big three" Chinese bitcoin exchanges Huobi and OKCoin are implementing video verification. Sure, it is so much better that on-site verification. If everything works out well, can we expect bitcoin withdrawals soon?

Probably soon.

And also i don't think that they're that much better than on-site verification. Usually they ask for your ID and you upload it and that's about it. But now they have to ask you for a live stream as well.

Another reason to store your bitcoins offline in a cold wallet.

Or just store it in whatever payment processor the currency you're trading with deals with, instead of holding it on an exchange.

Wait, you have to submit an identification AND do a live stream with them to verify you are who you say? This could be circumvented as well through fake IDs so don't really see the point.

I never heard about video verification until now, is there any existing service that use this sort of verification? I wonder will some people quit Huobi and OKCoin because of this. It will be very interesting to watch how this situation will develop in China, they are one of the first countries that will have some kind of regulations and we will see how will this affect on bitcoin users there, and how they will react on that. This will be a lesson to all of us, who knows will other exchange sites follow the same idea.
7864  Economy / Gambling discussion / Re: It is not worth it, right? on: March 31, 2017, 01:16:49 PM
Everything that make you pleasure or entertain you on any way worth the money you pay for that. Gambling is the game and you need to understand that many of us find a pleasure in playing gambling games, so for us its worthy to spend some money on playing few quality rounds of some game, wheatear we won or lose, because we know it's a game, you can't win all the time, but you will come back next time and you will try to be better and win.
7865  Economy / Marketplace / Re: What places do you do your shopping online? on: March 31, 2017, 08:19:42 AM
My girlfriend is using AliExpress for years, and when I need something she order me that. But few games I bought with bitcoins on steam, and couple things here on forum. I also have couple sites here in my country that I use, but they are local and on local language kupindo and limundo.
7866  Economy / Marketplace / Re: Buying clothes with bitcoins? on: March 30, 2017, 01:05:59 PM
Really, it is a very bad idea to buy clothes with bitcoin because already we are spending our fiat currency in buying the clothes. Bitcoin is a high-valuable asset like gold, don't sell your bitcoin for simple reasons. Bitcoin is a long term investment, so keep them with until the price of bitcoin touches the sky.

Now tell me what kind of reasons merchants needs then to accept bitcoin as payment method? Not just them, why would anyone accept bitcoin when everyone is saving it? All that needs to exist and people should spend bitcoins, in that way economy is growing, there will be more transactions and miners will have profit from that and they will continue to mine. I'm not for saving, except if you earn a lot and you can afford to spend some and save some.
7867  Bitcoin / Bitcoin Discussion / Re: Japan to accept Bitcoin as payment method. on: March 30, 2017, 09:15:06 AM
By the end of 2016, there were around 4200 Bitcoin-accepting merchants and storefronts in Japan, near quadrupling the total from 2015. Now, with the current progress in Bitcoin regulation made by Japanese authorities, the number of merchants accepting Bitcoin is expected to quintuple to 20000 this year. Indeed, good times for Bitcoin adoption are coming.

And imagine all the people that will come to watch Olympics? No more bothering about currency exchanging, you go to another country and you pay with bitcoins in any restaurant, you can buy something else, what a relief will bitcoin be for people that plan to go there and have bitcoins.
I hope we will see some statistics after Olympics about this topic, how many people will spend some bitcoins in this shops, this will be a test for bitcoin.
7868  Economy / Economics / Re: Reason why you should Buy bitcoin now on: March 29, 2017, 01:14:31 PM
Let's be honest about buying bitcoins, many of us would love to do that but we are just not in financial position for that. It's good to have couple bitcoins in wallet for future, who knows how far can bitcoin get, that is the best reason to buy and have bitcoins.
7869  Economy / Marketplace / Re: Buying clothes with bitcoins? on: March 29, 2017, 11:25:13 AM
I don't know why the idea of shopping with bitcoins sounds amazing. However, I searched the websites which uses bitcoins as a payment method, I saw that there are really limited websites. I hope that the number of these web sites will increase, but I'm not sure though If I wanted to spend my btc at all.

It's "amazing" for who wants to resell clothes. Buying with Bitcoins can give the buyers a chance to buy stuff cheaper and sell it more expensive for fiat, next they can convert to BTC again. It's a good deal, but as you said, there isn't many stores online selling clothes for Bitcoins at this moment, this plan won't work well until some big online stores start accepting Bitcoin as payment method.

Mrcash02 talks about profit here, how to make more bitcoins with reselling clothes. And this can work if someone can find quality clothes for cheap and then have good difference when selling it later.
Olcaytu2005 you need to realize that only circulation of bitcoins can make this economy grow, how do you think that merchants will accept bitcoin if no one spends it? Help bitcoin economy, contribute a bit, buy something, don't just save.
7870  Economy / Gambling discussion / Re: Gambling investment is zero sum on: March 29, 2017, 05:23:14 AM
Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Its not always zero or negative sum, did you think about that? And just fun or a little more depends from bankroll in my case, more bigger in this case means more serious gambling. I don't need to go to physical casino when I have all the games on internet and I can play what I wish how much I wish without any bothering.
House always win, and few others, I gamble cause I like it and cause I have good wins from time to time.
7871  Economy / Goods / Re: WTB A car from Europe! on: March 28, 2017, 11:18:54 AM
I bought a car in town by the border, 300km from my place. Car is Citroen C4 from 2006 for 3000 euros, I think I made a good buy, car is in a good shape I need just to register it, car is imported from Netherlands.
Thanks everyone who tried to help, I will lock this thread now.
7872  Bitcoin / Bitcoin Discussion / Re: Do miners really think destroying Bitcoin will make them rich? on: March 27, 2017, 02:18:22 PM
~ Pay less fees < Just be patient > They are getting $350 000 daily in higher tx fees according to Trace Mayer.
~ Fire up the old miners and host nodes to have a say
~ Ask developers to change the code to keep them honest or to remove the hold they have over the Bitcoin users.

If this is true what Trace Mayer say that daily fees are 350 000 dollars that is a lot, but how many miners needs to split that amount? Is there any info about that? I could`t find any answer on that in this thread, and in search over internet, almost all is just about hash power.

Miners have invested millions in bitcoin, do you really think they're so stupid to destroy it?

If you are opposed to the miners, you should think twice about your opinions, because miners only want 1 thing.   

Miners want bitcoin to be successful, because otherwise they lose millions.

That is logical assumption, and in all this argues in the forum about bitcoin next step I believe that miners will come up wish some good solution in the end. Like you said millions of dollars are in the game, and why would they ruin all that, and all future potential that bitcoin have.
7873  Economy / Economics / Re: Difference of Trading and Investing? on: March 27, 2017, 10:04:38 AM
trading is a form of investing.....among other forms.

This is important part, and answer on OP`s question in headline. This is same topic like what is the difference between investing and gambling, we can apply same answer here, gambling is a form of investing. Giving money and waiting for profit is investing, no matter in what you decide to invest end of story.
7874  Bitcoin / Bitcoin Discussion / Re: Can we have a bitcoin day? on: March 27, 2017, 03:28:14 AM
Bitcoin day, or day of crypto currencies is a great idea. But do anyone here knows more about how to set up day like that one? How many of you knows how serious organization and serious investments we need to make this come true? I don't know who can invest in all that, some big exchange site or group of big holders that will have benefit from more users.
I will check now what is needed for such day, where to try to push that and other things connected to that.
7875  Economy / Gambling discussion / Re: How much can u lose with gambling? on: March 26, 2017, 06:20:24 PM
Well I would only gamble some left overs from my pocket so it wouldn't bother me even if I lose,
Maybe a few bits wont hurt so maybe about 0.002 Bitcoin would do.
I have lost so much before and right now i mostly only play with amount that i can actually afford to loss. I don't earn much so i can't afford to loss more than 0.05BTC per day but yesterday i loss around 0.48BTC  Angry so no gambling for next 10 days.  Wink

That is a huge lose, you really need to chill a bit and then try again. I wonder where are you from, 0.05 btc everyday is big money also, how much money do you earn per month when you can afford to lose that much every day.
I also had some loses in past weeks, all in all I lost all together more then 0.07 btc and I also plan to take a break before I earn some amount and try again.
7876  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: March 26, 2017, 12:17:02 PM
today bitcoin can be called as a currency. bitcoin has a value which is fantastic. some institutions and large companies were already using bitcoin. This is a positive value for bitcoin use in their daily lives.

But again big drop, we are down for 250 dollars, I'm afraid because of that and what people can think about such drops? Bitcoin is very unstable currency, and I think that is what rejects people from bitcoin.
I don't make difference here between people, big corporations and companies, everyone wish to feel secure with money, and this pumps and dumps are good just for few traders that earn a lot from that, but they are minority here, majority will suffer from that on the long run.
7877  Economy / Gambling discussion / Re: Are dice sites reliable? on: March 25, 2017, 06:14:37 AM
There are many dice sites. Are these sites reliable?
So is it really the end of the bets based on luck? Or is it programmed to win the dice site?

Dice sites are reliable and dice game is the game of luck there is nothing programmed there. I know from my experience that with dices its easy to lose big amounts, but its also easy to win a lot sometimes, I lost more then I won but I know that was because I was too greedy in some moments. Sites are reliable, but we humans are not, I made double or more many times, but greediness is what made me lose everything in the end, I don't play dices because its hard for me to control myself in that game.
7878  Economy / Gambling discussion / Re: Europa League/Champions League Lounge on: March 25, 2017, 12:25:46 AM
I think barcelona will win this champion, since luis enrique found the best formula  For that team. And I think he'll make a good prize at the end of this contract.  Wink

I wouldn`t write off other teams that easily, personally I`m not so big fan of Barselona and I was surprised when they won PSG with 6 - 1 and went to the next stage. Their next opponent is Juventus, and that will be a hard game to predict, Barcelona is better but maybe Juventus can surprise them. Game is for two weeks, we have time to think about this game and prepare our bets, good luck!
7879  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: March 24, 2017, 12:25:22 PM
Much mlre votes for NO, and little contradiction how can bitcoin worth 10 000 dollars when dollar is worthless, how you imagine that to happen?
Fiat will be present for many more years, just some world revolution can end dollar domination, and bitcoin is good start for that revolution, but many more things has to be done to come to that.
7880  Bitcoin / Bitcoin Discussion / Re: impact of bitcoin on your daily life/business? on: March 24, 2017, 10:07:58 AM
All of us here have something in common, with bitcoins we have a bit more (some much more) money, and that reflects on our life 100%. Same case is with me, I have a bit more money, I solved many financial problems with bitcoins and I can live more relaxed. That is huge impact on me and my life, and I guess its like that with almost everyone here. One of the huge impacts in my daily life is gambling, now with bitcoins I gamble much more then ever before.
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