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8501  Economy / Economics / Re: Want to Be a Millionaire? Two Main Rules of Bitcoin Investing on: March 26, 2017, 07:57:48 AM
When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Everybody in this forum are desiring to become a millionaire, but it doesn't mean it can happen that  here in this industry. It maybe or it maybe not. Although I believed there is an instances that we can have a lot of money or bitcoin in cryptocurrency whether it is altcoin. But we can only have it if we will going to show some handwork in making some profit in this industry. And I think that would happen only if we are good in trading.


We cannot give only 2 rules to become millionare not in btc but anywhere. you have to take lot of steps and you have to use your time much effectively then only you can earn in millions. But best things what one can do here in btc is trading which requires good knowledge of btc world, do some freelance project which will give the regular income and you can enhance your skill. 

if you want to earn more in the btc, try to learn as much about btc, do trading, if you are having good resource then go for mining where you will create you own money not so easy, to become a millionaire you must take these steps. otherwise if you want to play safe then invest as much on bitcoin, do trading which is not much riskier than the mining but it requires lot of knowledge of btc, for sure you will learn the things fast the way you explore here.   

Yeah, though it's shooting for the stars if we are to be millinnaires, itnis possible. For me tradingnis the best way to hit that but it will definitely take a lot of time, effort and a bit of luck but definitely you will be earning money. Its nit that bad to aim higher so even though we don't get to be millionnaires in the long run, we eould have earned more money than can considerable make our lives better
8502  Economy / Economics / Re: bitcoin provide income on line? on: March 26, 2017, 07:57:00 AM
many of my friends did not work but a lot of money away was great when compared, to me that is still working in the factory, I was confused from where producer obtained from bitcoin?

There are many online jobs that offers bitcoin as its form of payment to your job. A good example would be signature campaign, before the income here was not that good but after many price hike on the value of bitcoin the daily income on my signature campaigns also grew. Today my earnings from signature campaign would reach 9,000 pesos monthly and that is very helpful to me and my family.

I understand that for people living in countries with financial problems and inflationary fiat money the participation in signature campaigns is significant for their everyday needs. On the other side is misleading and not helpful to post for other members that this is an online job. I participate too; but strictly speaking is about two cups of coffee every week. Moreover, unfortunately, there are not so many online jobs offering bitcoin as payment.   

I came across through one website called freelancer.com in which there were wide range of jobs and were paying in bitcoins and if you have designing or coding or any other technical skills then that is the right place for you to earn a good income in bitcoins and signature campaign can be good source extra income for taking care of basic stuffs.

Well there are really a lot of opportunities of earning money online especially after btc came up. A lot of sites are offering services that pays btcs as you've mentioned abive and its not really hard to find something we can earn from. Though we have to be careful because not all these are legit. I've been a victim of a couple of these, most recently the btcriver scam, so you have to first research to avoid these scams
8503  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: March 26, 2017, 07:52:50 AM
of course,saving bitcoin will give you benefit  you just need to save it for some time or hold it for a few years. depends on your need
you will benefit by reselling your bitcoin at a higher price?

Saving bitcoin for a long term is always an right decision to make as it has an ability to achieve best price in future so at that time if you have enough bitcoins in your wallet then you can sell them at that time and can get huge profits in return but you have to make sure that you sell your coins when you are making profits from it instead of holding too long.
Well you also have to be wise to observe if the price is already right to sell. We can never know what may happen and how btc's future will unfold so keeping it for years may or may not reap good rewards. If you're up for it and you feel confident about it, then save your btcs. Imagine if you believed in btc when it was starting out and bought a lot like 4 years ago, if you had a thousand btcs then, you're filthy rich now. But again we can't really be sure of what's going to happen in the future so hold to it at your own risk
8504  Economy / Economics / Re: If you were in desperate need for money.... on: March 26, 2017, 07:49:22 AM
I have few bitcoins in my wallet so if I am in desperate need of money then will sell some of my coins according to my need instead of borrowing it from friends or family as it doesn't look good on my part to spoil my image for few bucks and if I keep on begging for money from others then what is the use of earning and having bitcoins?

Well that is appliccable if you have btcs that you've kept and it's the same as having some savings in he bank that you can actually dig into if you're in need. That doesn't really make it a desperate situation. I don't think anyone would have a choice but to ask for oyher people's help when things are desperate. Its just hiw you handle people's trust the first time you ask for their help that can really save you from a desperate situation
8505  Economy / Economics / Re: Best way for steady income on: March 26, 2017, 07:46:11 AM
actually very difficult to make a fixed income with bitcoin, because it is something that is very difficult. trading, investing, even gambling will not be able to control our revenue. but, with the signature campaign, you might create a fixed income, but in a limited time.

Well even signatures won't give you fixed income as your earnings would still depend on the price of btc and we all know that btc price goes up and down. For me, things that we do to earn online is a very good way to get side earnings but are never really steady. You have to go out and get a job or put up a good business for steady income and have btc and other online side jobs as good extras
8506  Economy / Economics / Re: Bitcoin price is recovering! on: March 26, 2017, 07:40:12 AM
Yeah its recovering but seems that it needs some time to get going and the price is actually getting low also and then high so I am not sure if that's recovery or a slow downfal.
Because of some news like hard fork the Bitcoin price fall but this is still high.
Now Bitcoin price moving slowly but we didn't sure if Bitcoin price will goes up again in 1200$ point.

No one really knows on if it would recover or not but you are right its still high price to consider comparing on the previous years price which i can say we are still on the good side or price of bitcoin and nothing should too worry too much because it will gradually recover up its price for now the thing we should do is wait and dont panic sell.
i agree its still too early. This actually happened already at thr beginning of this year when the price dropped to i think around 800$ for a couple of days but recovered to hit 1200k. Long time btc users i think are already used to this kind of ups and downs and its not even as bad as before.
8507  Economy / Economics / Re: Bitcoin is Freedom on: March 26, 2017, 07:34:22 AM
true, bitcoin is freedom. freedom in business, freedom of choice, and the freedom to be rich people. bitcoin have the freedom to users, and I think it does have limitations. when have bitcoin, I kept thinking about the business that I could not do in the real world.

Well one thing that separates btc from any other currency is its anonymity so for me its safer than other currencies ifnyou're going to do business with it. You'll have a free hand in everything but you have to be careful as well because we all kniw everything digital hiwever safe it is can be hacked by a persistent hacker.
8508  Economy / Economics / Re: How can we make more money? on: March 26, 2017, 07:31:57 AM
You must be diligent hard work, discipline and perseverance, the most important innovative and focus on areas that you want to achieve
if I draw that business diligent prayer multiply

That applies to everything you do in life to be successful. You're right. You have to put it upon yourself if you want to make more money and not rely on others especially on chance. As the saying goes, if there's a will there's a way, so if you really want it you have to trust yourself and think of things to make it work
8509  Economy / Gambling discussion / Re: Is this man addicted to gambling? on: March 25, 2017, 05:46:05 PM
My close friend is 50 years old. He's never been addicted to anything throughout his life. His friend made a poker website and now he keeps playing there a lot. he also uses some free tickets to tournaments he gets from betcoin.ag signature campaign. He plays almost every day for a few hours. And he became more nervous in general. But he doesn't think he's addicted and his argument for that is that he can stop playing for a day or two (that's true) and he doesn't spend his own money on it at all. Would you call such a man addicted?
Yes his became addict to gambling and he must have a discipline in itself for it has been stopped him. but if that age difficult to teach because they want to enjoy life and there begins turning them young minds.

Well you have to consider that old folks really can be find of new things and i think it's normal. Poker really attracts people of all ages and once a person whether old or young gets to understand how poker is played out, then it will take a lot of time because it is enjoyable. For me, when a person is already getting negative effects, either with their financial, personal or professional life, that's addiction. If your friend, considering his age, has that much time to spare, i think it would be alright to be hooked to poker
8510  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: March 25, 2017, 04:39:40 PM
Gambling will be a wrong thing to do if we rely on it to fulfill our daily needs and we ignored other things in our life like family, job, study etc. There is a chance for us to be a very lazy person because of gambling if we can't control it.

It's really hard for so many people to understand this gambling is not a way to rely on it for our needs. If we take it just for fun than it is nice option available to make at any time when we want to get relax on weekend.

If we keep gambling to be a pastime and not rely it on as a source of money we can have fun and not lose a huge portion of money in doing so. If we become greedy and get tempted to waste money on gambling here and there we will soon run into empty pockets and in debts if done too much. Problem is that gambling addiction is a vicious cycle and we cannot accept the fact that we lost our own hard earned money. However this should be considered beforehand before even thinking of gambling.

Yeah you're right there dude, Gambling's effect on people determines if it will be bad for them or not. Not all people are the same and outlook towards gambling varies. People who have little self control are the ones most often falling victim to addiction and that makes gambling a bad idea. There are people who are in full control over themselves are can practice restraint and these people for me are the ones safe to gamble without major negative results in their lives
8511  Economy / Gambling discussion / Re: do you use analysis when play gambling? on: March 25, 2017, 03:38:21 PM
Just want know how much the gamblers who use analysis when play gambling and what kinds of gambling game? And do you think it is needed or not making analysis on gambling game or it is depend on lucky. Thanks for share your opinions and experience.
I used to do analysis, I reseeded everytime I bet, I had bots and algorithms and scripts. I did everything in my power to make sure I win. I didn’t work. It just comes down to luck. If you lose 100 times in a row, there are really not that many possible ways to win. There is no sure way. Maybe on sportsbooks and poker but there are none on dice games. Its just pure luck.

Well analysis isn't only used to determine or better your chances of  a good result though. You use analysis to make sure that you don't waste your bankroll making unnecessary high bets. Timing your bets also would need analysis knowing that you're not sure whether you'll win or not
8512  Economy / Gambling discussion / Re: When you play Dice can you feel your heart in your throat? on: March 25, 2017, 02:18:53 PM
Yeah when I am playing a dice game and I use auto bet my heart is blowing up when the consecutive loss is keep going and when I win the pressure will be gone hahaha that is about gambling the excitement and the fun. Smiley

Well yeah at first that's exactly how i felt. The excitement of not knowing whether i'm going to lose my bet or if i'll end up with double my capital. But as it goes on, i really lost interest in it especially after losing a big amount and having quite a long losing streak. It just wasn't fun for me having a losing streak with dice when the odds should be 50/50

8513  Economy / Gambling discussion / Re: Why we still gambling while we always lose? on: March 25, 2017, 01:59:39 PM
we are still gambling is because we still have passion in gambling and we still want to get the money and for the other people, they are having fun in gambling games no matter if they are loss. this is happen to me too and i think playing gambling is an interesting activity that i can get in my spare time.
Playing gambling game as a past time is the thing should people do treat this way and not aiming for money on playing it.Most people have different reasons on why they always play gambling some for entertainment and some for making money.For people who do continue on playing even they are losing then they might have gambling addiction.
For sure its a sign of addiction if the person keeps dealing with gambling not just because to spare his time to enjoy but he just intended to win and keeps winning, better to think twice and assess your self if you are already engage with this problem.
For people who gamble for fun they often have some spare money and they start to gamble and they keep in their minds that they will have the chance to lose that money. So no matter how many time they lose they continue their gambling as they are already prepared for that and as they lose a calculated amount so we cannot say it addiction.

Well I think that's the way with things that we actually like doing. It doesn't matter what the results or consequences would be as long as we love doing it. Consider the people addicted to smoking cigarettes. Even though they are much aware of what the effects of it would be, they find it very hard to quit. Same thing with gambling, people who are addicted to gambling live by the moment and that makes them happy so the result  really doesn't matter
8514  Economy / Gambling discussion / Re: Do You Go to Land Based Casinos? on: March 25, 2017, 01:35:53 PM
Do you gamble at land based casinos?
I have never been on a land based casino before but after gambling with bitcoin I realized it could be really fun. I have always seen gambling related movies and they looked fun but I was afraid of losing all Money I have when I went to one. Now that I know if you play smart you may lose a bit but not ALL your Money or maybe even a slight chance that you may win I want to visit one.

It IS fun and for me it's a lot more fun than playing online. You get to see a whole lot of things when you go to a physical casino, sometimes you get to mingle with a lot of different people. It's basically all about experiences that you'll have compared to just playing online at home.
8515  Economy / Gambling discussion / Re: 2016/17 NBA Season on: March 25, 2017, 01:28:20 PM
hope some body took a prop bet on booker from the suns....70 points tonight crazy good game wow.

He's on a frenzy. 40 shots and 24-of-26 from the line. Even Jordan's career high was 69 pts. Kobe was 81. I hope he grows into a distinguished star.
That stat is just insane. Think about a guy who scored more than Jordan has ever scored in oen game. 69 is just one point lower than 70 and I am almost definetly sure that Booker will never be as good as Jordan but beating Jordan in any game record is just shows how good Booker is and will be. He scored 70 in this game at the age of 20, lets hope that he will keep growing and not go 10-20 point avarage guy in the future.

It is all about his improvement from now on, if he grows up to be a great player he has limitless potential, if he keeps steady than he will be forgotton in couple of years.

Yeah it was actually a wonder to watch. And he's just 21 i think which makes it a lot more incredible. I agree that the kid most likely won't be a jordan but this game perfirmance tells us a lot about his capabilities and the future looks good for him and the suns. MAkes me look forward to how he's going to follow this up on his next game
8516  Economy / Gambling discussion / Re: Did gambling get you into Bitcoin or did Bitcoin get you into gambling? on: March 25, 2017, 01:08:29 PM
Neither did, I started gambling with fiat and stopped but when I got into Bitcoin and found out it was very easy for me to gamble at home with Bitcoin I became elated and the rest they say is history.

Well even without btc online gambling has been very easy though i also had second thoughts because it asks me for credit card information before you can buy credits. So that's the good thing with btc's emergence in gambling and i think that's why a lot of gamblers right now are swaying to gambling sites that allow btc usage. Bitcoin didn't introduce me to gambling but it makes gambling a lot easier and safer for me
8517  Economy / Gambling discussion / Re: What Happen If Gambling was not introduced? on: March 25, 2017, 01:02:48 PM
If gambling haven't got popularity or got introduced people would have found a new solution or a new form of betting accessibility. I think the lottery ticket usage could have found high with several added features if gambling was not introduced. Even now there are several countries that have legalised use of lottery.

You're right. Humans are very ingenious and to think that gambling is happening in most decisions that we do, there will eventually be something that will be introduced that is largely similar to how we gamble today. It's bound to happen because gamlbing plays with very normal human emotions
8518  Economy / Gambling discussion / Re: Play with your profit or not? on: March 25, 2017, 12:55:22 PM
Of course, yes. I will play with my profit. There is nothing to lose with it since this is already your profit. But not all my profit, I will bet maybe 25% of it first and so on to have a longer play time. Not on an all in, and lose all.
I agree with you . we should be able to divide the money we have. proper portions can make us safe in every game. the rest of gambling is a fun game, some people are looking for profit and some are just for a pleasure. This is a free choice to believe in.

Yeah we should learn how to responsibly manage our winnings if ever we're fortunate to win any amount. Though it's less guilty to play with an amount you didn't actually work hard for, it's better to have some of it saved for the future. It's ok to play with all your winnings but i think long time and experienced gamblers know how to manage their bankroll wisely
8519  Economy / Gambling discussion / Re: Dice game strategy? on: March 25, 2017, 12:25:15 PM
My strategy - roll until win or lose. Period.
This is not a strategy. It is called blind gambling period and hope you are not spending that much amount of money to waste. I am not a hard core gambler but martingale is the strategy i use while i am rolling.

Betting on dice is almost blind gambling actually nobody know when he got the losing streak even on 98% win chance. Dice is to have fun and chat with friend not to make huge amount on daily basis.

Well many can testify that even martingale doesn't work all or most of the time. Dice basically is a very bad way to try to make a living with. If you invest time and money in dice, then you're making a very big mistake. There will be times wherein you'll get lucky but mostly, as per my own experience and with the experiences of a lot of people i know, if you take dice seriously, you're in for a big disappointment
8520  Other / Politics & Society / Re: Osama bin Laden: FAKE Dead Body Picture! on: March 25, 2017, 12:13:08 PM
Well the fact that his burial was a bt rushed and there were not actual video of the body released to the public would really bring up suspicion whether he is really alive or dead. Though i think he's really dead but the way he died may not be the same as how it was reported in mainstream news
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