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81  Economy / Gambling discussion / Re: Do you set up limits for yourself? on: December 25, 2017, 11:51:24 PM
MY limit is whatever I am willing to lose on any given night. IT is that simple. You should never bet more than you are willing to lose. Don't bring your credit card so you can't withdraw more cash even if you want to.
82  Economy / Gambling discussion / Re: do you use analysis when play gambling? on: December 25, 2017, 11:25:41 PM
Analysis is a prerequisite to gambling. If you aren\t using advanced math or at least basic math when playing then I suggest you don't . Unless you want to lose faster, that is. Because most bets on craps for example are terrible, but if you know what you are doing there are a few you can actually get 50/50 odds on, and the worst bet is the fire bet. Tongue
83  Economy / Gambling / Re: Bithunger 8x your BTC within 15 days on: December 23, 2017, 02:52:29 AM
Guys don't believe this post. It is definitely a scam. Don't believe anyone who tells you you will multiply your Bitcoin 8x in 15 days - it is 100% false and this site is probably a scam.

OP is probably the admin:

Quote
Not the admin just sharing as it is paying it is not really a gamble because it works all the time as you will see .

Yeah, right... Roll Eyes
84  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is going down? on: December 22, 2017, 02:40:07 PM
Why bitcoin start going down and down will it goes below 10000$?

I think its because today is end of the year going to christmas season and new year i think that was the reason why bitcoin was dump but after this bitcoin will go back to normal again.

I thought it would keep going up until after Christmas and then it would drop because people who received it as a gift on Christmas would sell it.

Although with the current fees situation that we have, it is unlikely that anyone will be able to sell their Bitcoin anyways. Think about how high the fees are and people will need to send Bitcoin 2 times to sell them which means most of your BTC will get eaten by fees alone...

It is sad, but the reality of Bitcoin at the moment.
85  Economy / Gambling discussion / Re: Would you play solo poker online ? on: December 19, 2017, 11:32:02 PM
Some variations of poker are actually solved. Just like blackjack there is always a move you can do that is technically best. One of these variations are headsup sit and gos with high blinds and short stacks. You can just ply push/fold at that point.
86  Economy / Economics / Re: Bitcoin is not a bubble on: December 18, 2017, 11:27:30 PM
Bitcoin is a bubble right now. I can guarantee you of this. The price is going to drop a lot. It is a guarantee in economics and everyone who is intelligent knows it. What goes up, must come down and Bitcoin is going straight up, and it is going to sometime go straight down - only a matter of time.
87  Economy / Economics / Re: Some things to consider before starting a business on: December 18, 2017, 11:25:33 PM
The number one rule before starting any business is to have a solid plan. And the second rule is to understand the business will almost never come out or end up just like your original plan. However, it will usually be very similar. It will just evolve when you discover which things are possible and what things aren't possible, and adjust accordingly.
88  Economy / Economics / Re: About Cloud mining sites on: December 18, 2017, 11:22:47 PM
Whatever you do, be careful before investing into any cloud mining site. They are usually scams. I personally invested into one and made some profit, but only because I was one of the first ones, and everyone who invested after lost a lot of money. It is unfortunate, but people are gullible and these scammers are everywhere in the crypto world right now because there isn't any regulation.
89  Economy / Economics / Re: Bitcoin contribution to world economy on: December 18, 2017, 11:20:11 PM
Someday Bitcoin will not only be a contribution to the world economy... it WILL BE the world economy.

All crypto transactions will be backed by Bitcoin. IT will be a store of value just like gold.

People don't spend gold these days, really. It is moreso a store of value stored in secure vaults, and BTC will also be the same.
90  Economy / Economics / Re: What makes Bitcoin to move this fast? on: December 18, 2017, 11:10:50 PM
The only way the price of Bitcoin can increase is from money pouring into Bitcoin. The more money going into Bitcoin, the rarer it becomes and the higher the price goes. This is simple economics 101. Tongue
91  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: December 18, 2017, 11:10:10 PM
Think about what I am going to say below...

No one who invested into Bitcoin ever lost money.

Isn't that amazing? Anyone who invested and held Bitcoin since 2009 made money. No one ever lost money. IT is very unlikely you will be the first one. So the benefit highly outweighs the risk of selling them.
92  Economy / Economics / Re: Is there any good news about Bitcoin from your country? on: December 17, 2017, 10:34:38 PM
My country is pretty chill, so there isn't any regulation against Bitcoin as far as I know. With that said, I think if we go much further down the line and Bitcoin price/value increases a lot more than certainly at some point it is going to be regulated by every country's government no matter what.
93  Economy / Economics / Re: Your bitcoin experience, how did it started? on: December 17, 2017, 10:31:04 PM
The first time I learned about Bitcoin was from Facebook when one of my old Facebook friends posted about it constantly (on a daily basis) and eventually I looked into it and thought it was amazing and really cool and so from there I did more and more research although unfortunately didn't buy any and just like most people look back and regret that decision, but oh well what can you do? Tongue
94  Economy / Economics / Re: Is Bitcoin now the biggest bubble of all time? on: December 17, 2017, 10:28:56 PM
I think Bitcoin is the best investment opportunity of all time, therefore in a sense, yes I do believe Bitcoin is the biggest bubble of all time. Thinking about it in that sense. Although I think we are still in 1994 in crypto compared to the dotcom boom. Why? Because there still isn't a reliable interface to use Bitcoin and it isn't liquid enough. When Windows 95 came out it revlutionized computers being used in personal envornments and we need a Windows 95 of crypto and then the bubble will truly be the biggest bubble of all time.
95  Economy / Economics / Re: What makes Bitcoin to move this fast? on: December 17, 2017, 10:25:53 PM
People are buying it for Christmas gifts. That is my best guess. It explains why the price is rising so much in only Bitcoin and not so much other cryptos. Because most of the investing now is coming from noobs who don't know any better and think the price is going to go above $100,000 already. Nope, it is going to crash hard and very soon... mark my words!
96  Economy / Economics / Re: When is the right time to buy bitcoin ? on: December 17, 2017, 10:22:26 PM
Now is the right time, so we can dump on you Smiley
This is really crazy to buy the bitcoin at 20 000 dollars , when you know it reached 10 000 dollars one month ago

Yeah man right now isn't a good market to be buying Bitcoin. Whether it crashes at $20,000 or even $50,000, it is guaranteed to go back to below $10,000 at some point guaranteed. What goes up, must come down.
97  Economy / Economics / Re: What are the biggest changes in your life caused by Bitcoin? on: December 17, 2017, 10:20:18 PM
The biggest change in my life related to Bitcoin is the fact that the price is so high now that the world is taking notice of Bitcoin like never before, and I have been researching it since 5 years ago almost, so I feel like I've got a big headstart. That is cool.
98  Alternate cryptocurrencies / Altcoin Discussion / Re: Reality of Ripple - centralized or decentralized? on: December 17, 2017, 10:19:22 PM
Ripple has been around for years and always been in the top 5 of cryptos yet I have no idea what its purpose is.

I need to do some research into that.

All I know is it is related to banking/banks in some way.
99  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: December 17, 2017, 10:18:20 PM
Don't you mean... where do you spend your Bitcoin? Bitcoin is money, after all and actually is a better form of money than even fiat is. So yeah, the question would be where do you spend you Bitcoin... and I don't spend it - I gold it.
100  Economy / Economics / Re: Bulgaria Government Shocked To Discover It Owns $3 Billion In Bitcoin on: December 17, 2017, 10:12:49 PM
In bitcoin Balkans trust. Some countries seriously interest cryptocurrencies such as Bulgaria, especially Estonia. As some economists say an economic expansion is needed to fight with economical crisis. Crypto s could be a solution maybe
Had some countries been wise, they would have been able to make money by investing in bitcoins by now, they could have established mining factories where they would have mined it and thus have gotten money for some developments in the country.

You mean like Bulgaria?! Cheesy

Think about this... the population of Bulgaria is only ~7 million. Therefore the government made enough money for $420 per person. And lots of people are wealthy and don't need that, so they could give $1,000 to the poorest 35% imagine how much better their country will be!

If they held the Bitcoins their country could become the richest one in the world.
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