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801  Economy / Gambling discussion / Re: Biggest Win Ever on: November 25, 2016, 06:28:40 AM
My biggest win so far si estimated at 0.9 bitcoin from bustabit and also from betcoin.ag this is just today and this is really quite cool enough that this is my luckies day so far in gambling sites and hoping that it will continuesly and it will leave me if this gonna happen daily then i willl be rich for sure just kidding.
You could be one of the luckiest people on earth who got rich in gambling, it's the law of attraction dude as when you always think of gambling you will figure our on how to win it. Possible results are, you could be rich or broke in the future.
802  Economy / Gambling discussion / Re: Is it a sin to gamble? on: November 25, 2016, 06:26:02 AM
Most people in my place will say gambling is a sin. Why? In most cases, gambling will lead people to a bunch of bad things. First, with gambling people can ruin his life and his family due to the end result for most gambling activities is a lose. Second, with gambling people can be very lazy. They tend to forget their responsibility in the real life(jobless). And still much more bad effects caused by gambling.

But, for some people that able to manage their time and money, this activity can give them a good entertainment.

If you are religious, gambling, even without any effect in you will be considered a sin already. But if you are not a religious one, I think it will just fall down as wrong. Gambling is sin (as I've said in religious people) and violates some of those divine law that they follow. With what you've mention, I consider it as wrong (falls to the other thread) it means the implication of gambling to them is negative.
What is religious to you anyway, you mean that all religion says gambling is a sin? I think not, otherwise it is already being said many times during the mass, and regardless dude, it's a free world and we can only save ourselves here as even priest are sinners.
803  Economy / Economics / Re: If you were in desperate need for money.... on: November 25, 2016, 06:22:03 AM
That's why it is always good to have an emergency fund so you don't get into this hole in the first place.
It will boils down to savings, we should learn how to save for the future as we do not hold the future and we cannot see it, anything can happen even the things that we do not expect, so it's good to be ready all the time and we have to start saving now and instill discipline to succeed.
We really should be prepared for the future, savings is what we really need and it's the only way we can solve our desperate times if we have it. I know  that it's not easy for everyone since we do have a lot of wants in this world that we want to buy and we forget about saving our money but it's necessary.
804  Economy / Economics / Re: The dream of getting rich with bitcoins on: November 25, 2016, 06:12:15 AM
Probably not get rich cause lets face it as soon as you get your hands on money you get so tempted to waste it , but hoping that when bitcoin becomes a really valuable thing you will one of the few that have it and then you can start getting rich with it Wink

Maybe that is your attitude when you have money on your hands you are spending it immediately to things that must not even to be spend to. Not all the people have that kind of attitude because becoming rich with bitcoin is always been possible if you are that good manager of your bitcoins and you know what you are doing and you have set your own goal. Like holding for a longer years.
That's me before but I listen to the advise of the people surrounds me that savings is very important and we have to prioritize it so I learn. All of us has weakness but if we are devoted for a change to improve our strength we can achieve that and we can be rich.
805  Economy / Trading Discussion / Re: Skills vs Luck *poll* on: November 25, 2016, 06:07:22 AM
Who makes real profit trading must have skills. Newbies can make profit, but it's because they were lucky. To do a successful trading you need to learn facts before start. Watch the graphics, understand how this works, if possible, join trading with a demo account and you can learn with your mistakes.
It's a profitable activity if you know how to make it.
i will say the same as you , skills are more dominant here ,
luck only a final touch , it is so rare to see someone get straight luck in trading without skills ,
so you need to have skills in trading more than you need luck .

You can master skills but you cannot do the same with luck. Just don't get too confuse as in real business when having a strategic planning, we do not even consider luck. We only consider variables that we can see and touch.
806  Economy / Gambling discussion / Re: How to win gambling with no lose? on: November 25, 2016, 06:01:15 AM

There is no way to anyone to gamble without loose, sure some people may be able to end the day with profit, but those profit requires lucky and some kind of strategy, but in the end we know that gamble wont allow anyone to reach or make huge profits, just some lucky people are able to such.
Yes, because when someone play a game or gamble its not only once, but he will play again and again. So, if tehre are many instances already, there is still a big chance that he loses also.


If ever that a person never got lose in gambling, its possible also  Cheesy Possibility : He played only once and won. Then he never played again.  Cheesy
It's hard to do it because we always want for more. Our greediness will destroy our good game plan in gambling therefore it's not for everyone if we are talking of making money in gambling. Gambling with no lose is just a fantasy as it will not happen.
It is not impossible, the most important thing in gambling is understand and expert plus experiences. Before gambling, should learn and understand well to avoid speculation. Types of gambling such as sports course required knowledge. Many peoples rely solely on luck without the knowledge, It's just you find in the lottery.

So you are saying that gambling without lose is possible? I don't think that is even possible at all even those professional gamblers will do.

They are also experiencing lose and all of us are not exempted with losing if we gamble. Because that's the designation if you will not win.

Even you will do all the strategies you know, believe me there is no way to gamble without losing.
He is illiterate for sure, he does not understand the basic nature of gambling. We can win or lose in gambling but most of the time we lose because that is not our game but it was created for sites to make profit. Only few can succeed and majority of us loses in the long run.
807  Economy / Economics / Re: Currency v Property on: November 25, 2016, 05:49:11 AM
Actually i prefer to think my bitcoin as property to be prrecisely as an investment, not a lot of people using bitcoin as curency, because bitcoin is more suitable as investment and for sure the price is going to get better in the future

As per the current laws, bitcoin can be classified as property (asset), investment (commodity) or even computer software. This is mere an opinion and of course debatable in the grounds of law in court. In any case, the government can put a tax on it but the rate of tax  would be different across the world so we can safely say that bitcoin is secure at the moment but might get complicated if some governments decide to put a tax on it.

It would be more interesting to see how they are going to collect this tax once they decide to levy it. It is not so much about your responsibility of paying it (which is expected) as how much money they will be able to actually raise through this tax. My point is that, I don't see any reason why a government would want to impose such a tax if it couldn't at the same time tract down compulsive tax evaders, given that their number will be quite close to 100% with any degree of certainty...

Rephrasing Napoleon, one should never tax what one lacks the power to collect

Well to be honest, crypto currency is a kind of technology which can theoretically destroy the domestic as well as international economies (though I don’t see such possibility in next 50 years for one and more reasons) so governments cannot bear the risk on the other hand it’s true that no one can trace movement of bitcoin with identity so it’s near to impossible for governments to levy taxes on it and who knows governments might be finding a solution for this.
Not necessarily the government will impose tax on the users but they just have to focus on legitimate business that is registered to them and collect taxes. Exchanges, online stores, and online businesses, they will be the one who will pay taxes from their income.
808  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: November 25, 2016, 05:45:57 AM
i don't think so.
a car is a dangerous vehicle if you drive it madly and hit a brick wall at top speed, should cars be banned too?

gambling is the same, it is just a game that you can use to have fun while taking risks. the fact that some people get addicted and lose a lot of money while having an illusion of getting rich doesn't change any facts.
I agree on that, we pick something and we must be responsible about it. Dont argue about it, you did it, take reponsibility to it, easy as that
In the end we will still be blame with our wrong actions, no one should consider gambling in general as sickness as we have the freedom to choose whether we want to gamble or not. And this is a free world, we can do anything that makes us happy and gambling is part of that so we just have to be responsible to avoid future problem.
as gambling itself addictive, i think it is always leading to a sickness ,
i am not saying everyone will , but in most case gamble ends someone life badly ,
to avoid something like that happened you must committed ,
to gamble in fun way only , nothing more.
It does not always work that way, gambling is addictive but some people are able to control themselves, there ways to control and you can tell that if you are ready and doing gambling for fun. Being matured in gambling is what we need to be able to enjoy it and last in the game.
These are the people who are responsible enough to understand that gambling is not only winning, I wish all people are wiser now and will not use their financial problem to consider in their journey. I almost think that gambling is only created for the rich people because poor people has no discipline.
809  Economy / Gambling discussion / Re: Gambling problem on: November 25, 2016, 05:30:52 AM
all the gambling player must have been in trouble in gambling, whether it's lost all the money he has, or hooked up losing their self control. Well, I myself was getting both these problems, maybe it's because I too enjoy the game that made me lose control of the gambling and it really made a negative impact on my life

Of course we do, I too experienced losing money, but I never came to the point that I lose control or get addicted to gambling. I enjoy chatting in the gambling site, and because of that I made an idea to bet smaller amount just to stay in the site longer. Honestly I hate losing in gambling, but I never want to leave it before, so I resorted to just slow down and never expect any big winning later on.

Losing is just normal in gambling and it is just becoming a problem if a gambler will take it hardly and won't accept defeat.

That is the time when a gambler having problem as he gambles. Because instead of recovering the losses quietly it tends to make their feelings in rage.

Which is not good for a gambler because that will make him to pull himself deeper in that bad situation.
Well, what can you expect, we do gamble for the money so it's just right to seek for the money. But the moment we are not taking in charge of our self anymore, we are prone to losing what we cannot afford to lose. So discipline is really needed.
One reason of the problem in gambling is our problem with money. It's easy to know that, when a person has a problem with his finances and he think gambling can help him, then that would be the start of bigger problem and instead of looking gambling as a fun we look it as a solution.
810  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 25, 2016, 05:20:29 AM
No and never. I don't see any chance of happening this anytime in future. Dollar is the most widely accepted currency worldwide. Even people are also measuring the bitcoin price with dollar.

Also dollar is a government backed currency and also backed by a physical asset like Gold. So it is impossible for bitcoin to replace dollar. But yes, it may replace Zimbabwean dollar though Smiley
Yeah, that's the reality, we are not so big to take over a great nation. Dollar is one of the strongest currency so we cannot expect to eliminate them in circulation, it's like saying we can replace paper money which is impossible to happen considering our status now.
811  Economy / Gambling discussion / Re: Biggest Win Ever on: November 24, 2016, 08:21:28 AM
So far was in sports betting, I won a four leg parlay and my winning was BTC.3. So far, that's for now, but my loses is sure bigger than that...
812  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: November 24, 2016, 08:09:59 AM
Fiat has been proven to be stable for a longer period of time since we are still using it, maybe I will believe  that some investors will transfer their money in bitcoin but not to do away with fiat, they still need fiat as more than 99% in the world population are using FIAT.

Thats why an option to buy bitcoin is for those who has sapre money to do so and for a person who are well aware of internet and cryptocurrency. Still fiat is king, everyday we used it and still it it is needed in daily real life transaction. Even bitcoin is @ $10.00  fiat is still stable and important.

And that's will make fiat still worth it and for bitcoins adoption today still we all know that stores are very limited to those who are accepting bitcoins. It won't make fiat worthless even the value of bitcoin will be even higher as $100,000. Because it has been used for many years already and the people is trusting it more rather than bitcoin.
Maybe the question that must be answered first is, is bitcoin will hit the value of $100,000 per BTC?
That's too unrealistic for now, I do not see in the future that price will happen. If miracle will happen but I double people will be able to sell that amount because I have feeling that when the price hits $10,000 people will be willing to sell their bitcoins for money.
813  Economy / Economics / Re: Should I believe in Bitcoin ? on: November 24, 2016, 08:07:00 AM
Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

It is real. Proves are all over here on bitcointalk. Being won in gambling, doubling there investment , earned in trading and etc. Bitcoin is now adopted by many online users now the fact that you can earn while enjoying internet. Just dont put too much that you cant afford to lose. Try to research more on bitcoin and see how it can change your online life
It's not guaranteed that we can earn here, we still have to take the risk in any investment or money making opportunity in the forum and since we are not talking about the forum but on the entire ecosystem of bitcoin, I can say that there's more of an opportunity of a person who are willing to work for his success. Believing bitcoin is the first step, and you will reap the benefits after then.
I wonder how many people on the forum really relate to earnings is cryptocurrency. Bitcoin seems not only hard currency is available, but the second complex in its understanding. It's not as simple as it seems. But we hope th believe in a good outcome of our actions.
true , bitcoin are not easy to understand especially for common people.

they even say bitcoin designed for tech savvy only. this is make people hard to believe in bitcoin when they even don't know what to do with bitcoin. another problem that really have to solve soon to make bitcoin grow faster.
If it's easy to understand then we might have almost all people adopted now with bitcoin. Maybe for people with the same level like us, it's easy to understand but not for everyone, bitcoin requires a person to be computer literate to comprehend and we are not all in that status.
814  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used for Good? on: November 24, 2016, 07:53:57 AM
We should consider that there is no forever.

this statement is just like I've always from teens who suffers from heartbreak Grin Grin by the way, we can say that bitcoin would not last forever but as long as the chain is working and there's still processing the transaction bitcoin will still alive. but for sure this is unlikely to happen as bitcoin is continuous to spread.
The chain is there, it might last but it's worthless without the support of the people. What makes bitcoin valuable now is because of the people who are supporting it (you, me, & they), if we will stop and bitcoin loses it's popularity bitcoin will die and our coins will be worthless.
815  Economy / Economics / Re: How many Bitcoin do you have saved? on: November 24, 2016, 07:45:54 AM
For now i only had around 0.02 BTC. Its a very small amount but im trying my best to get more bitcoin on this very fast rising of bitcoin value. So that if ever it reach into there limits i already have large amount to be converts into cash money.
I think if you want to be patient and keep trying to get bitcoin I'm sure over time you will become an expert and be more easy to get bitcoin, you have to be patient, I'm sure the results will be good
Hardwork and dedication is very important, regardless of your method in collecting bitcoins you need to have both. You need to treat that bitcoin is your life so you will be able to put more time with bitcoin and with that you can achieve your goal to save bitcoin for your future.

As a believer you know already what are the opportunities you can do to make bitcoins.
816  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: November 24, 2016, 07:33:10 AM
Yes you can make more money if you hold bitcoin for long time, but some times there will be sudden drop in bitcoin price at that time you can hold them until price increases, in this you can make more money by holding bitcoin longer time.
you should consider good timing before start buying btc if you really wanted to earn big and you must plan it correctly if how long you can hold and how much earnings you wanted to have before selling it, bitcoin is a good future investment the more you have the more profits you possibly earn in the future.

Yes i agree with you there are many people out there don't have much patience when the price is dropping definitely the will sell the bitcoin, bitcoin is long term investment, people should not completely invest their money into bitcoin.Once price drops it may take some time to increase the price.
Patience is virtue as what they say, we need to have patience not only in selling but also in buying bitcoins. You will be tested along the way as the price of bitcoin is volatile and you can see now that price is increasing and it's possible tomorrow it will drop.
817  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: November 24, 2016, 07:24:49 AM
I do still gambling although I am very rich rightnow. I think that gambling is a very fun activity to relax which you can play and earn some extra income. As long as you know how to turn gambling into a fun habit, never every quit gambling
Yeah, do it.. you have all the freedom to enjoy your money. You are rich so even everyday you can have fun in gambling. Remember, just to have "fun".. Never gamble for money because you will lose, and you will just waste your wealth once you become addicted.
818  Economy / Economics / Re: Sell Everything? on: November 24, 2016, 07:19:45 AM
Maybe HODL everything will be better.
Always a good decision to hold as we are hoping the future of bitcoin will bring us more profit. With intention or goal, we must be hopeful that the progress will continue so we will continue to see the growth of our profit.
819  Economy / Economics / Re: The future of the paper money on: November 24, 2016, 07:10:05 AM
Paper money will probably be around here for many years, maybe decades. I think Bitcoin will be a successful currency before that, but there will be people who will continue to use conventional forms of payment, especially people who are resistant to adopting new technologies.
i agree , but i am sure we will keep moving forward if necessarry people might will feel like forced to adopt technology that will come like digital money bitcoin technology , as they need it to continue life in the digital era.

everything has been digitizing , so do with money too , bitcoin will be the leading of digital money although paper money still used but it will be less.
We don't need to force them as like I said many times bitcoin is freedom and since it's freedom people has an option base on his decision. But I know people will be attracted to adopt as bitcoin has a good technology and a community as well.
820  Economy / Gambling discussion / Re: How to quit Gambling for good? on: November 24, 2016, 07:01:50 AM
It is not necessary to quit gambling. You should just do it responsibly, gambling with the amounts you can easily afford to lose. If you can't do that then it is very unlikely you'll manage to quit gambling even if you think that this is very important. So my advice: do not quit but rather learn to contol yourself.
Thats the best thing to do if you really cant quit gambling then atleast try to manage the amount you were lossing. Dont put too much bankroll.
I think no one will think of quitting if he can still control himself, honestly it's the most desperate decision a gambler would do as you need to sacrifice your happiness in gambling by doing that but you do not have a choice as you are gambling you will lose your money.
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