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881  Economy / Gambling discussion / Re: If today was your last day, would you gamble everything? on: April 13, 2017, 10:17:29 AM
If this is my last day in this world and make the best moment in my life, its not the time for me to gamble but to make my self enjoy every moment and love more my relatives especially my own family and to forgive those who hurt me the most because when the time that i will leave this world I know that my relationship to others are good and my life is blameless before the sight  of the Lord.
Certainly, it's not worth it to die without the best moment with sombody which id very important to us. Gambling is not a good getaway before a person die, I think it's better if he would give his money for unfortunate peopl so that they can live better which for me would make my life worth of living.
882  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: April 12, 2017, 11:06:16 AM
I have to say it is quite possible, if the bitcoin on legal by the government then the bank transaction will drop, everyone will switch to bitcoin because proven better than other payment systems including banks.
Certainly, it won't happen since bitcoin can be only be used for online transaction which means if it would replace banks, not all poeple can adppt it since internet connection isn't available to all place in which is bitcoin replace banks, those people who  doesn't have internetconnection would not be able to withdraw their money.
883  Economy / Gambling discussion / Re: Why trading is better than gambling? on: April 10, 2017, 04:02:11 PM
Gambling is gambling,gambling is all about losing big or small money no matter who you are and what is your state in life.There is no sure win formula or side in gambling,all may go against your odds.Even the highest percentage may fail Smiley
Then why not we say that trading is better than gambling ? Almost every gambler faces losses at the end of the day still people not ready to give up gambling. I am not going to say trading is the better and only way for profit making, still comparing to gambling, trading is much better in many aspects.

Keeping gambling for entertainment and trading for earning money will be the right choice and I'm doing trading and gambling for these purposes.
Not only you most of the people do like this including me, but I also play gambling to kill my free time and to have fun and entertainment, for this, I am ready to spend some of my coins. And Trading is my business to make a profit from Bitcoin. In trading we will not get any fun, this is completely a business, and if we become a pro in trading we can make a huge profit.
How do you study on trading? I would really love to learn how to spend my coins the right way and trading is one of those things that I think that is worth it. Trading could probably pave the way to financial freedom of some sort.
It is certainly worth it to acquire since it is profitable and the risk is less since you are more lilely to win on your trading if you have the patience and knowledge about the certain currency. Once you have some knowledge about its market movement, you could easily predict how does its market is going.
884  Economy / Trading Discussion / Re: Trading Manipulations on: April 10, 2017, 01:36:12 AM
So I was just watching the exchange section at polo and I was happened to be on the AMP exchange page, I noticed something quite incredible and would be interested in what you guys think about it.
So amp was being sold at about 0.00007756 and was at like 10%+(green) and then suddenly there came a sell order of about 60k+ amps with price only 0.00007150
Now why would someone actually sell at such a low price when the price for the moment is quite high?
It looked quite strange to me, what do you guys think?
In my observation it is normal its not a manipulation , in some market moving like that we can also think about someone who is trying to control or manipulate the market .Otherwise its not a problem learn to adjust on that situation take advantage if you know where to set and that was a battle of skills and bluffing  Grin
No one can manipulate bitcoin since it is decentralized and its market is huge hence it can not be dumped easily. Also, as bitcoin's market is increasing due to good news and promotion, this is helpful to make its market bigger which would lessen volitality which costs dumpers earn much of money and usual people lose due to panic selling.
885  Economy / Trading Discussion / Re: Market Panic can drive BTC prices Lower on: April 10, 2017, 01:01:07 AM
Market panic or panic selling is one of the most common reason why the prices of bitcoin is falling down, Example is the threat of having another bitcoin which is bitcoin unlimited, a lot of people talks bad rumors to bitcoin when the hard fork is going on and it makes the market of bitcoin fall down and have a low price but now it is start to pump because of the good news which is the adoption of Japan to bitcoin.
Certainly panic selling affects bitcoin price. However, there should nothing to worry since the foundation of bitcoin is strong enough for it to survive in volitality. Remember the price of bitcoin way back 2015 wherein it drops into $230. Everybody thinks that bitcoin could not survive that time but bitcoin proves that they are wrong. Currently, bitcoin's rate is $1200 which can increase anytime rapidly.
886  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no competition on: April 10, 2017, 12:06:33 AM
Bitcoin has been steadily losing market cap dominance, from 90%+ just two years ago to ~80% today.

When it comes to exchange dominance it's just 66.4%.

This trend will probably continue and in a few years there will be people using cryptocurrencies that do not know what bitcoin is.
No chance.Altcoins are just pump and dump coins.Only Bitcoin deserves to be the king of cryptocoins.All altcoins were in need of bitcoins even to show their price value.
Even crypto currency coins also need bitcoin in order for them to have a value. As we can see, all pairs are against bitcoin which stands like a dollar in foreign currency. So like dollar, if U.S. economy's break down, all of countries are affected since it is a majore curency.
887  Economy / Gambling discussion / Re: Is it a sin to gamble? on: April 07, 2017, 07:03:54 AM
Yes it is according to Islam. Because if you win you are making your opponent so much unhappy and in case he might lose all his valuable things. Same goes for you if your opponent win. And there are more reasons I don't know them all. But at the end of the day its up to you whether you will gamble or not.
People have different perspective in life. It is upon on you on how you take a look a certain thing. However, the important thing is not how you look for it but how it affects you. Gambling can help a person and can destroy the life of a person at the same time. However, if a gambler know what is his limits and play what he can afford to lose, he can never be destroyed by gambling yet he could use it to lead in success
888  Economy / Gambling discussion / Re: How can gambling help you with your life? on: April 07, 2017, 07:01:05 AM
It can help by making me enjoy myself.  Sure, it can't result in me actually doing better than the house or anything, but it's more fun than sitting there and leaving your money in a bank account waiting for an interest rate of under 1% another year round.
Gambling don't just help a person to be enjoyed but also it can make a person into better one since a person can practise his skills, money management, and luck in gambling which is relevant in a way we must do in order for us to live. It can be a life changing that it can turn a unfortunate perosn into fortunate person.
889  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: April 07, 2017, 06:58:04 AM
i play for profit, nut much but enough for a student like me. Each time i win some money, i am also happy too.Gambling is adicted but it is very important in my life  Grin
You're young, Are you old enough? how important is gambling with your life? In the meantime, maybe you can get something from gambling but you must how there's are bad habbits then hole if lost is waiting for you. Go Studying for to make be better your life.
Certainly, gambling is just a game that take your money at stake. It can be profitable yet can cause money lose at the same time if a gambler is unfortunate or greedy. If thou must gamble, don't just rely on it. It's better to make a regular job and gamble what money you can afford to play/put at stake so that you can still provide your needs.
890  Economy / Services / Re: ADMIRALSPOT Casino Signature Campaign on: April 07, 2017, 05:54:53 AM
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891  Economy / Trading Discussion / Re: Best Investments on: April 05, 2017, 01:31:57 AM
I think investing in reputed altcoins is the best thing to do as it is sure that they will not disappear in quick time and in long run can give us good returns on our investments and the other place where I am interested is to invest in good casino bank rolls to get regular returns.

There are a lot of alt coins that has good reputation and right now as the price of bitcoin is pumping, it's now the best time to buy them. For me, many I consider as best investment, holding for me is the best and trading. By doing these two types of investment you can have chance to make more money while waiting for the price pump.
As you said that bitcoin is pumping, hence it is not the perfect timing to purchase altcoin since your altcoin could get down its value as bitcoin pumps. The perfect timing to invest in altcoins is to invest on it using bitcoin before it volitale so that your money won't get devalue as bitcoin dumps continuously.
892  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: April 05, 2017, 01:15:07 AM
I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.

Actually, bitcoin is really better than Paypal. Because bitcoin is can use in any trading exchanges platform, bitcoin has value increase and decrease, and bitcoin is kind of currency which is digital or virtual payment while Paypal is not like what bitcoin has. Therefore, its good to use it than paypal.
You have a point. However, what more likely the reason why bitcoin is better than paypal its anonymity. We all know that in a fiat wallet such as paypal, neteller, skrill and etc, you have to state your information and verify your information. You also have to make a statement every time you are going cashing out which is certainly inconvenient. Unlike in bitcoin, they wouldn't ask for your identification, where your money cam from, and etc. They wouldn't also reveal your email address since it is a sensitive information than can be hacked.
893  Economy / Trading Discussion / Re: How is trading *not* gambling? on: April 05, 2017, 12:59:33 AM
Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.

It is not hard to differentiate trading from gambling.  Trading have controlled risk, you can even nullify it, and if in case trade market of your stocks is not good, you can always cut losses or even profit from the fluctuation while doing your exit move.  While gambling once you bet and the roll is executed, you cannot do anything about it but to wait on the result.  You cannot cut your loses and it is dependent on its internal settings.
Trading's risk can't actually be controlled since market is unpredictable same as gambling that you will wait until your bet won. They differ simply in once description. Trading's probability of winning is upon the market or a currency while gambling is upon the probability of winning between the house edge and a player.
894  Economy / Trading Discussion / Re: When do you think is a good time to start trading ? on: April 04, 2017, 05:13:01 AM
Well , let's say you made about 0.02-0.03 BTC , can you start trading ? is there any limits for trading like minimum and maximum amount ?
where you guys think is a good place to start a trade ? share your trading experiments and recommendation.
I also would like to know at which amount you guys started trading [ personal experiment ].


Edit :

Sorry, i think i posted it in wrong section, if possible mod can you move it to the right section?
Thanks
Yes! there is a limits for trading in every exchange platform like in yobit you can transfer bitcoin there at minimum 0.001BTC this was my experienced to that site, then 0.002BTC in bittrex exchanges site. This was jsut all I know, and 0.03BTC really good enough for you to make start trade in the trading platform.
Actually in practising trading, 0.01BTC is enough in order to mamke a trade more effecitve since if you will go lower than that, it would not be worth it and there is no thrill in your trading. As you have thinked that have done it effectively, that's the time you should trde with larger amount of btc.
895  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: April 04, 2017, 03:05:48 AM
Gambling is not at all an wrong thing or a sin. When we cross a limit and ruin your life, then probably it will be a wrong thing. So need to be good enough with perfect decision which helps you to take part into gambling for a long time period.
Actually, gambling is a matter of choice. It's not wrong wether it is legal or illegal since the only difference is illegal doesn't pay taxes governments which I don't see wrong since government would just take advantage of it and also take advantate from winners. Thus, gambling isn't wrong as it doesn't affect personal life aspects.
896  Economy / Trading Discussion / Re: How do you deal with loss? on: April 04, 2017, 02:25:48 AM
I have invested in some altcoins and now these altcoins are very lower in price and I have lost a good amount in them so now I do not consider it as worth to sell so I just keep them in my exchange wallet and I am waiting that sometimes the price of it may increase and I will get the profit.
Altcoins would really helps you to gain profit wether you want to invest or to trade, specially when you have enough patience to make it grow bigger. However, in the other hand it can also result to lose iif you aren't active or the altcoin you have had failed. Thus, knowledge and perfect timing is the characteristic needed to make money from altcoins.
897  Economy / Trading Discussion / Re: LONG TERM BITCOIN BUYERS on: April 04, 2017, 01:36:47 AM
In traditional investments, long term is most often considered to be a minimum of 5 years. But bitcoin seems to live its life in hyper drive, hence the question to the bitcoin world, what is long term to the average bitcoin investor?
This refers only for the investors who buy bitcoin then hold it for a long terms it depends on them on how many years. But if you have a strong belief with it, you will surely get the reward of your fruit of labor someday.
Certainly, as you believe that the market would perform very well, it would certainly helps you to have a positive thinking which is the characteristic of a successful investors wether it is online or not.
898  Economy / Trading Discussion / Re: How to know about next pump? on: April 03, 2017, 06:25:54 AM
Join crypto chat rooms, see my sig.
i have been on poloniex chat room and lot of users claiming that trollbox is pure shit, i dont know for sure cause i never have followed any option suggested there. a coin pump or dump cant be accurately predicted thats just a prediction that can be more or less reliable depending on a lot factors, new should be followed and pay attention to the market and volume traded of the coin
you should never pay attention to trollbox. everybody is screaming whatever they want. i have been watching them during etc dump half a year ago, i did not have much experience in trading, they really made me keep my coins. this is how i lost almost everything that i have been holding
I agree. When I was newbie in trading, I tend to look for troll box which I assume would help me but affects me kn a negative way. It was designed to get some profit for newbie, thus as a newbie, they shouldn't believe in what others say since not all concerns are inteded to be good.
899  Economy / Trading Discussion / Re: In what to invest $2k? on: April 03, 2017, 06:19:11 AM
I scanned the thread quickly backwards and I was expecting to see Litecoin as a good investment to be mentioned. But I did not see one mention of it. If I am mistaken please tell me.

OP, Litecoin might be a good and "safe" investment you are looking for. There is an argument that it could come out better if Segwit is activated there but rejected in Bitcoin. So there will be more room for growth in LTC because it is more ready to scale.

If you are feeling a little bit dangerous and adventurous look into Ethereum Classic. No good reason except it is supported by Barry Silbert. If he is holding a lot of ETC then why not take the risk and follow him.

Altcoins cannot be a safe investment because they are cheap and easy to manipulate by the whales and you can't be sure that they will be stable on the price and if they will not dump. So i think investing in altcoins with those $2,000 is a bad idea and it is better to just buy bitcoins with that money and keep it and wait for the price to reach $1,500.

That's correct investing in bitcoin is safer in compare to investing in any altcoins as altcoin market involves huge risk so its better to invest in bitcoin as the price of bitcoin will definitely go higher in long run so you can get profits by selling when price goes higher.
I agree, however, it would take too long to make profit in bitcoin and also you have to trade huge amount of bitcoin so that your waiting would be worth. If an invetor knows how bitcoin volitile/pump quickly, then bitcoin would be an ideal form of their investment.
900  Economy / Trading Discussion / Re: Mistakes in trading that lead to loss of money on: April 03, 2017, 06:11:52 AM
Being greedy. Small profits are still profits. Whenever you came across with a 10-15% profit, take it.
Yes that is right, when you want to be safe in doing trades then getting those profit from that percentage is a must to follow. When i'm playing with a big capital i always do that because it makes me feel safe and less risk for getting loss and most of the times i still get profit because i got a big capital so even though i just take whether it is 10% or less. I still get big profit.
Certainly, when you are playing huge amount of money, take away from huge risk. Just be decent on the small percentage of profit than aiming huge percentage of profit so that the prcentage of risk would be lessen. In my trading, I always limit myself in trading through putting a margin on it.
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