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8141  Other / Off-topic / Re: Have you already become a USD millionaire through Bitcoin? on: October 09, 2016, 02:09:31 PM
Actually I was too late become a millionare through bitcoin since i am not early adopter, i am trying  through altcoin, i wish those coin  would be bright like bitcoin and make me rich, however with bitcoin i can support my life, people always said that bitcoin price would be hit 1k dollars each again, but i'm not sure i will become a millionaire if the price 1k dollars.

What altcoin do you think the price will increase ~1000x? I think a lot of alts will die soon.


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Legendary member don't mean so much, you need to invest, and bitcoin was a high risky.

We could  not surely say  on what altcoin would follow bitcoin price as of now because   we all saw many alts  as of todays and some  are good to consider  regarding on their development  on  time pass by but still they are too far away compared to bitcoin.  If im already a millionaire i would definitely still  invest to bitcoin for more money. lol
8142  Economy / Speculation / Re: 1BTC = $600USD, now a good time to buy? on: October 09, 2016, 02:07:10 PM
yes i am still in favour of buying bitcoin right now, as the price of bitcoin is expecting to increase too much in next few months so it is good to buy bitcoins right now and then hold them for the price increase.

the chances of doubling or even tripling your money within a year are very good
if you can invest now at this time .....

Doubling or tripling your money within a year seems  to impossible for me  hence if you are  saying doubling you mean  bitcoin price must be  $1200 and  triple would be  $1800 which is  considered already high within  next years  price speculation but  maybe you are right or wrong because  no one really knows what would be the price on future.
8143  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: October 09, 2016, 02:05:11 PM
if you are planning to purchase a bitcoin right now,it is better to purchase when it is low and dont sit on your purchased coins rather than spend some time to learn how to trade and look for good investment opportunity and multiply your coins.

 

Current price cannot be considered too high for buying and its a good price to buy and if you cannot afford the price then you can buy 0.5 at a moment and start using it in trading and if everything goes smooth with you then you can take that amount to 1 btc in coming months.
It is really cheap for me also, this price is not high for you if you will invest for a long term investment but if you are a trader you need to have the right timing before buying and only you can determine that upon looking at the trend.

Well if you are going to invest that in altcoins then still you can buy it at current price as altcoin trading will give you quick profits which is not possible in bitcoin trading.

Investing on  altcoin would  do possibly give you decent returns but still it depends on what altcoin did you  invest because there are lots of coins to choose from and  you must search of coins which  do have a potential  no to those  coins which are total garbage that would   even waste your  money to spend.
8144  Other / Off-topic / Re: bitcoin affects life a lot on: October 09, 2016, 02:03:35 PM
bitcoin has afftected my life a lot not only positively but also negetively.thats because there was a time when i use to walk run and even jump like a monkey with friends and all the outdoor stuffs but after getting involve in this bitcoin thing i am spending most of my time either coding or learning new programming languages or earnin btcs for somewhere . should i lower spending my time in internet or not and is there anyone who is facing this type of addiction here

Yeah quite sure bitcoin is very make a big affect to the users. Mainly help the financial and just to add the primary salary when the user have a spare time to looking for it.
Making profit from it, spend it, even buy something and pay some bill with it. So easy with bitcoin . Surely bitcoin is very helpful .
Very true bitcoin can really affects those users specially bitcoin can help those users for financial problems regarding on daily expenses even students who are using bitcoins, Bitcoins are now popular world wide as a user or example we could make it more bigger than the other expected but lahm-44 is right there getting bitcoin involved into another technologies may really affects those economics.



I am a student and bitcoin is like a blessing to me, as I am earning descent amount of money from it which takes care of my pocket money and now I don't have to ask my parents for money, so its helping me in a positive way.

That cool! Bitcoin really helps you a lot in terms of money Cheesy Also you are not worrying anymore about your allowance ! Thats cool! Mine is i do have a work in real life annd this is my sideline so that it could support me sometimes in my daily needs.

If you have a full time job then bitcoin is an best bonus that you can have and signature campaign is giving us descent income on regular basis which can take care of our basic stuffs.

Agree sort of sideline job that could add to your current salary so that you can buy more stuff than usual Cheesy ! Bitcoin also really big help to me because i dont have a job im only in house and sort of i can earn money with this and also i can help my parents by this

Good to hear  that  because of bitcoin you could somehow  help your parents  in terms  of financial  which is really good thing to hear with the  help of bitcoin. Same as yours i do only work on my house and dont  have stable  job and do full time  in bitcoin and  doearn  with decent amounts to sustain  my daily needs  which bitcoin really  affects my  life a lot.
8145  Other / Beginners & Help / Re: How signature campaign actually works? on: October 09, 2016, 02:01:48 PM
Every campaign has its own norms and regulations. They each differ in accepting members from different ranks. The payout varies from each signature campaign. Each has a common rule on posts. All campaigns aims to have a constructive and a quality post. Each post should have minimum 360 seconds gap from one post to the other following. Each campaign has set minimum and maximum posts to be made. Frequency in payment would be daily, weekly and monthly. 

They do have really different rules on each campaigns  but  most  of  the rules  are just  the same  maybe they differ  on some rules  but it would be few  only because the most important rule of all is  not making spam at all and you must do  good  quality  post. Its the  most common  rule  on campaigns and    in  forum itself.
8146  Economy / Gambling discussion / Re: How to win gambling with no lose? on: October 08, 2016, 11:25:26 AM
Not possible, you will highly get to the point that you will lose except if you are cheating and that is not cool anymore. You will lose the excitement with that and might end up in jail.
Cheating on  gambling site would  be possible  if theres a  bug  or exploit on the script of a certain  gambling site  but  its also a rare case even to find one of this  situation  because   gambling site owners  wont let this thing  happen because  if  this would exist they would surely lose  huge amounts. Gambling is  designed for entertainment and  if  you intend to  play it then expect you would  suffer loss.
even you cheating you still cannot win forever , take a look to preimedice thief.
hufflepuff did exploiting primedice system , and break the house.
but he still have a lost game, so you just dreaming if you want to gamble without lost.

I remember   hufflepuff who  exploit  on  primedice site which he gains lots  of  btc because  of the  exploit and i dont  think that he  intend to play since  until now   hes anonymous  and  of the  funds he stole from the site. Gambling game is designed to lose its players  because  its a  business and  gambling site owners needs profits,
8147  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: October 08, 2016, 11:19:04 AM
Don't invest your btc any place. You should to know how site/company work before you invest to them. Many hyip/ponzi was scammed at the end, i suggest to you dont invest but use your btc for trading.  Wink
wow it a considerable profit in just 10%, but you should also know that investing in gambling sites are also very likely
make you lose. so you have to be clever to create a strategy to always benefit in investing in gambling


Either you invest in gambling or gambling sites both involves huge risk of loosing money, so I will suggest you to invest  in trading sites where you can make descent profits regularly.

What do you mean by investing in trading sites? Trading sites, as far as I understand it, are exchanges and exchangers, but I don't know any which would allow investing in them, though I may just happen to be unfamiliar or simply unaware of such an investment opportunity. So could you expand more on this matter? Besides, whether exchanges allow investing or not doesn't change the fact that they are still hacked or scam themselves occasionally. See recent Bitfinex hack or scam.
He mean to say that invest either in trading btc or altcoins from where you can generate profits, and if you keep on thinking of risk of getting hacked or scam then you will never make any profits.

Thinking  always  on negative  situations and  possibilities would  give you  nothing  but  it would be a big  hindrance to yourself  hence you are afraid  to risk and i  agree with you if  you keep your  mindset like that you wont earn  nothing  because   if your a risk taker you would definitely earn something.
8148  Economy / Gambling discussion / Re: Why is gambling so addicting? on: October 08, 2016, 11:15:56 AM
It's addicting because people want to make money, and once they've started to make a bit, they'll want to make as much as possible.
Plus it's extremely fun, and like a computer/console game, it is very, very addicting.

Computer Console Game? I think not it is more fun playing a console game than risking your money over gambling and it can certainly make you addicted over it I prefer a console gaming that betting gaming cause of the strategy you can do over it, while on gambling you can just simply let your luck take the credit for winning,

I also think gambling is more addicting because it has chance to win money, but for some people computer console games are very addicted because before start doing I was much active to play that kind of games and kill almost all of my day on these games.

Sort of. I do prefer playing gambling than playing games all day that could kill my time a lot unlike gambling i could pretty say that i could loose my money in the end but atleast you had some fun and we can say that you can earn a lot from it Cheesy

I would  choose  playing games  rather than  playing gambling since its free and wont cost you any  money to get the pleisure you want unlike on gambling you risk  your money  but in the end  you would still lose those  funds. Playing games  on pc is much better  than to waste my time  than to waste time and  money on the same time.
8149  Bitcoin / Bitcoin Discussion / Re: What I love about Bitcoin on: October 08, 2016, 11:13:10 AM
What I love most of bitcoin was is that it gave a solution to my financial problem, In short bitcoin gave me a full time income as a replacement to my job when I resigned last year 2015. and now I earned daily more than my daily rate when I was employee before. So thanks to Bitcoin.

So you are full time into bitcoin? That's great to hear and I think many people nowadays are preferring to get full time in bitcoins as they are earning good income and the best thing is they can work according to their convenience.

There are really people  who make a living with bitcoin which  they could  go full time with  it especially if   they  dont have  jobs thats why  or  they find that  they  earn  much more here  on bitcoin world  thats  why they switch  to bitcoin. and for sure they  love bitcoin because  of  earning  opportunities.
8150  Bitcoin / Bitcoin Discussion / Re: If you believe banks will work with Bitcoin, you're delusional on: October 08, 2016, 09:15:34 AM
I also don't think they ever will do so, but to be completely honest, I don't even want it to happen. I am in Bitcoin because I don't want to deal with banks and stuff. I like the fact that I have full control over every aspect of my financial situation. No need for banks adopting Bitcoin. I am my own bank.
Thats what the  beauty  of bitcoin  which you have   your own bank and  you have  full control of  your  money  compared to bank but still  when it terms to  fiat banks are much better  in security and  moving prices. As we  know  bitcoin  still have disadvantages  when  it comes to price movement.
8151  Other / Off-topic / Re: du you spend coins on real life. on: October 08, 2016, 09:13:35 AM
I personally have not came across any physical stores that accept Bitcoin yet in my country. The closest I got to using Bitcoin in the real world was using a Bitcoin ATM. I usually spend my Bitcoins online through buying servers and digital goods.
We only have a limited stores online that accept in bitcoin and that is not available in many countries, but as long as we can bitcoins we have the right to spend either we convert it to fiat first or buy directly using our bitcoins.

Bitcoin debit card is also an option available now to spend our bitcoins apart from converting it to fiat and the spending as bitcoin debit card will give us rid from conversion fees from bitcoin to fiat.

True , but bitcoin debit card would be  useful if  your country does have  high  adoption into bitcoin which you could always  use your  bitcoin card  to purchase things or any other transactions which you could able to pay  bitcoin directly but  in other countries which dont have  i think  bitcoin card would be still useless.
8152  Economy / Trading Discussion / Re: Do you use a bot for trading? on: October 08, 2016, 09:11:59 AM
I thought it would be interesting to know if you guys use a bot to trade bitcoin or altcoins..

Whether or not you do, if you were to make one, what rules would it based on?

I don't use one myself.. but am looking to get one built, and would welcome any suggestions on features and rules that you think would work..

Thanks!

I have seen only one "trusted" bot here in forum and that is C.A.T but still I don't trust any of the them.

All of the time for trading I don't use bot and I trust enough myself even though I'm not more efficient rather than bot.

I saw that CAT  too but  i dont  have any interest  to get one of those because  i dont have trust  when they handle  my trading  , its better to decide on your own will and  does  not depend  fully on bots because  results  maybe worse  when you intend to rely on bot  but  thats  not always the case .
8153  Economy / Trading Discussion / Re: Is 1000 btc Possible on: October 08, 2016, 09:10:17 AM
I do not think such amounts are reachable because it stays a very large amount and keep in mind that 1000 bitcoin is a lot of money.
Only by investing its possible to get such an amount in my eyes..

You are correct, if you have  lots of  investments  then you could able to achieve it  in no time especially if you have  big  invesment sites  like  exchanger and  gamblign sites  then 1000 btc would be easy for sure  but  if you  truly fully rely on  altcoin trading then its  impossible somehow.
8154  Economy / Trading Discussion / Re: Trading is unpredictable job. on: October 08, 2016, 09:07:49 AM
Trading is such an unpredictable job cause luck is involved and luck is not able to be predicted but ofcourse if you practiced alot and know how to analyze the market then trading is less unpredictable imo cause you replace some of the luck you need for the skill you have.
Yes luck plays a big role in trading i would say specially who is new to trading needs alot of luck because it takes time for him/her to learn the basics about the trading so definetily trading is an unpredictable jobs for new one but for experienced ones its not that much unpredictable.

Whether one is new to trading or experienced, bitcoin trading is always unpredictable. None is sure about the price increase or decrease, based upon the price movement one needs to make closer prediction and need to involve into trading. At times even such close predictions leads to loss, so trading is cent percent an unpredictable job.
That is already widely known if you are a legitimate trader, the first thing you will study is on the volatility of the price of bitcoin because as day trader that is important to you on your decision making, it is just all about guessing the right price increase for the day and if you are good on it for sure you will make money.

No one really good at guessing and  it would really need  luck  together when you are making decisions on doing  trading  and  if the price would favor on your side then for sure you would  gain profits with it.  Trading  is  truly an  unpredictable job because  price is  moving  in anyway.
8155  Economy / Gambling discussion / Re: Did gambling get you into Bitcoin or did Bitcoin get you into gambling? on: October 08, 2016, 09:05:14 AM
Bitcoin get me into gambling, because back in the old days, there are many signature campaign about gambling sites and because of that i get into gambling because of it.

Same here , because of bitcoin  i do  visit  to gambling sites because  i do click those signature which are being  worn  by participants and that when i was a newbie and  i got interested to try to gamble  with the use of bitcoin. Which i could really say that bitcoin get me into gambling.
8156  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: October 08, 2016, 09:02:57 AM
I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

Investing means you put your money at risk and expect to get it back with a profit, in gambling you can mathematically expect to lose part of your total wagered amount. In investments you make blind bets, you don't know the chances of each outcome so it's not the same as gambling.
I think there was a misunderstanding here, when you are investing you are just simply putting your money in the pot money of a certain site and let the system work for you, we know that gamblers loses in the long run so that is your advantage already and you can make profit of course.
which is right placing your investment into a safe place risk are still there but chances of winnings is much bigger.
It is already given that investing in gambling sites are profitable due to the house advantage, some might look it as the same investment as they are thinking investing is like when you are gambling itself, but hell no, this is a better investment that putting your money in a HYIP and ponzi schemes.

True, investing  to casinos  or  house itself would be always a best choice for me  rather  than investing  on those  hyip or ponzi sites same as you said,. Investing to casinos  might have some risk but  its not equal   when you are playing against to the  hosue because  chance of  lossing your money would be high.
8157  Economy / Economics / Re: Bitcoin or gold? on: October 08, 2016, 08:58:41 AM
Just being practical I would pick gold. It is highly appreciated by people and you can sell it easily even with your neighbor. There is this shiny thing that is inviting to them and we know its price wont go down that easily for many countries are making this their reserve money.
It is always a good decision to pick gold as you can never lose with your decision.

Gold has been in existence before and it was appreciated by the people so if you will invest you will ensure that you can make profit, the longer the better as the value keeps rising.

But the big question is ? Are we capable enough to make  investments with gold? As we all know that investing  to gold is no joke hence we could feel the profit if we do have  lots of  gold on our possesion  and you were right  gold  price is  increasing too and you could possibly make profits but  if i have a chance to choose i would   choose both  for sure.
8158  Economy / Economics / Re: Invest your bitcoins. on: October 08, 2016, 08:53:22 AM
I am still  clueless how ico investment works.  Anyone has insights to share

There is nothing hard in that, just keep an eye on the sections of ICOs in the exchange you trade altcoins and when you see an ICO started just invest your amount in it by buying a share of that ICO coin, and when the ICO finishes sell your coins, sometimes the price of that coin rises while sometimes it drops the price.

ICO means  crowdfunding for  a  certain coin which you could  possibly invest  your bitcoin with it  or shall we say as a stock holder when the   coin been launched to exchanges  as you said  price may vary its either  high or low but still you would be profitable with it and be sure to choose the coins  that has a  potential to avoid  scam ICO out there.
8159  Economy / Speculation / Re: Dump or long term goals? on: October 08, 2016, 08:50:53 AM
I must say that long term goals are for me the thing due to the fact that it has a nice future so I think its good to go for long terms.
Dumping is also profitable but if you know that its gonna rise more its worth to go long term.
which really hard to know good exit and entry with btc fluctuation its profitable if you come in with the right timing but if does not much better to keep hold and wait until it reach your goal amount.

Short trading  on bitcoin price would be profitable though but as you said you would need to  come in  on the best time as possible and the best  time  to sell also  with this kind of  steps and  ways you would surely profit  with that even on the slightest movement on bitcoins price. Long term investments on bitcoin would be still good but you cant enjoy profits on earlier time  though.
8160  Economy / Economics / Re: What Will it Take For BTC to Reach $1000? on: October 08, 2016, 08:48:28 AM
I do not think it so hard needed good upgrades but that it needs way more publicity and more people that are willing to work with it.
Only than we can reach such numbers.
The current system is already good with bitcoin, it is the support of the people that will make the price go up like that, the demand should increase and since we are seeing big businesses that accepts bitcoin and big contributor is the gambling industry, they really make the price of bitcoin good.

Yeah and I think the adoption is key here, price can go much higher in future if we find new investors and big companies that are willing to put their money in bitcoins, if that happens $1k price won't be hard to achieve.

Indeed, it wont be hard to achieve such  price if the  adoption would increase and  many big investors would tend to  put money into bitcoin and  for sure  price would  increase and as expected it would  still go down  when that  price  point because  all of those long  bitcoin  holders would definitely sold out their coins  espcially to those who  bought on $600 price mark.
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