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8821  Economy / Economics / Re: 2017 bitcoin prices getting up business is it right now? on: May 02, 2017, 02:18:46 AM
Maybe you should think about what you are good at first.
You cant ask people what will be the best business for me. Alright they will throw you some examples but still it will end to what you really want and your passion.
Then, you could just create a website and try to sell it there with an option of bitcoin payment.
8822  Bitcoin / Bitcoin Discussion / Re: Why are local bitcoin rates so much higher than preev rates? on: May 01, 2017, 04:19:35 PM
Or are they late on updating the price?
I dont really know much but I keep on monitoring others and it is not that way of the difference.
Everyone is using preev as a basis for exchange. It is a good thing for those who knows a website which exchange it lower than preev but for others it aint good.
There is no perfect rate for every exchange everyone have their own.
8823  Economy / Gambling / Re: Can you suggest me a good betting site? on: May 01, 2017, 11:23:51 AM
Nitrogen sports and directbet made a lot of votes here so I guess you should go there.
I also prefer those two for sports betting.
If you would think of anything else besides sports. You could try playing dice.
Check my signature for a good dicing experience.  Grin
8824  Economy / Economics / Re: How many Bitcoin do you have saved? on: May 01, 2017, 07:36:23 AM
I have lost much than what I have earned or saved. Through gambling I have lost more than 25btc, which is quite a big amount for an normal user. But I lost these when the price was around $350. Now if this has happened I could have ended up everything running for my daily food.

Yes that was a waste but you cant go back to what you have done.
And at that time we want to double our bitcoins as fast as we can because of the low value of it.
For now, we could just be wary of this things because of the great value. Every bitcoin will count now though we could still gamble a few for fun.
Saving is really hard considering there is gambling circulating in our forum.
8825  Economy / Trading Discussion / Re: Do you trade shitcoins? on: April 30, 2017, 06:31:28 PM
I did and thank God it went well after that risk.
This things just takes a little time before getting out and  killing the coin all of a sudden.
If you want to profit from this kinds you would need a lot of time to monitor it just for 24 hours.
Look for the right time to buy and make sure there will be profit. Even for a hike of 5 satoshis it should be enough
8826  Economy / Economics / Re: Bitcoin Bank on: April 30, 2017, 05:37:47 PM
Did anyone think at this? How would a bank work? How could you loan bitcoins and get interest for them in an economy with just 21 milion BTC limit?

As far as I know, we are the bank of our own bitcoin savings. And if there is someone will establish a bank, I won't entertain their
services anyway, because most bank I mean all banks are regulated industry and while bitcoin was not.

You mean if someone created a bitcoin bank.
I have the same idea that it will not work even if they put interest in it.
Not now, maybe someday if all bitcoin are mined.
As of now we are a growing industrt and that means a high profit also in demands that will increase the value.
Those who will be creating a bank will just profit for themselves. I dont even think they will be different with a website wallet. That is almost the bank of bitcoin.
8827  Economy / Gambling discussion / Re: GAMBLING & TRADING on: April 30, 2017, 03:40:33 PM
As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.

It is profitable but watch it, it is not that easy.
Everyone that I know who hasten their profit into trading ends up getting lost.
You would need to first make some research into how it is really done. You cant just go there without training.
If you want to experience it then a little lost wont hurt and that could add up to knowledge.
Just after that try to collect what you done and make it as experience for the next time.
8828  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: April 30, 2017, 12:38:42 PM
remember that are not the miners that make the fee, they could accept even the lowest fee if everyone was using the lowest one and reducing the average, it's up to the peple that decide what fee to use

if for example everyone start now to lower his fee the average would be like the old 10k satoshi per transaction, but instead everyone is rushing to have his/her transaction prioritized and this is increasing the average, miners have no fault here
Due to increasing difficulty,bitcoin mining has become a expensive affair.If there is no reward for miners which can not only cover mining cost but also give them good profit, noone will mine btc anymore.
No mining means death for bitcoin.

mienrs have plenty of profit with the current reward and value of each coins, they don't need any fee actually that is a premium for them now, but since they are greedy they alwaays want more

just do the math for yourself, there are 1800 coins mined each day, this is $2M in revenue, the cost of electricity is around 1/4 $500k per day, plenty of room for profit

Juts taking a look at the last blocks.
Fees are creeping up close to 10% of the block reward.
If the situation goes and we have no change in block size/ln or anything else by the next halving the transactions fees will be larger than the block reward.

And if miners are really greedy they might do some nasty moves like not accepting transactions with fees below x, a real banking bitcoin cartel from a to z.


What? Transaction fees will be larger than the block reward? That is kind of an insane number.
No one will support or use bitcoin anymore with that kind of number.
We know bitcoin is getting more expensive and who would want to make a transaction which is even more expensive than how much you will send.
They will be looking for another option if that happens.
8829  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: April 30, 2017, 05:29:15 AM
If the prediction of snachat's first investor happen, then we will be seeing bitcoin price at more than $500k.  Exponential adoption, this will push the price fast and  deflationary features will even move the price higher.  Added with hype, venture legalization using bitcoins.  I only see Bitcoin having more than 20x value than what is right now after 20 years.
Its a very big amount and if that happens after 20 years then all of us will be happy and become rich for each of bitcoin that we are holding. I dont have an idea about that statement of snapchat's investor or whoever is he. But let's probably wait if that is going to happen, after 20 years.
We can only wait whether the prediction will happen or not, if it really happens then all who have Bitcoin will be happy, otherwise I think the price will be higher than today, so all remains happy.
What might happen in the next 20 years is a higher price than now. Of course it will happen
Because users continue to grow every day. It will make the price higher

I hope so.
Anything can happen. I am not the pessimistic guy but just being real.
Look what could happen with just one bad news about it or one hoax that have been spread throughout the forum and social media.
It affects the price too much with just gossips which makes a lot of users to panic.
ETF and BU is one example of a great amount of fluctuation when it was introduced.
8830  Economy / Trading Discussion / Re: How do you manage ur emotions? on: April 29, 2017, 06:20:08 PM
It aint new specially to those who just started it.
I got the same experience. Now, I tend to just leave it for weeks or a month just to maximize the profit and also avoid the stress.
If you keep on monitoring the price of the coin that you are trading then emotions will be there.
One example is a double in price all of a sudden. You tend to wait for more or sell quickly. There is no right decisiom there. Just the wise one which wont regret the step he made.
8831  Economy / Economics / Re: Best way for steady income on: April 29, 2017, 05:25:59 PM
The best way for steady income is to steady your investment and your business. Also, don't use your Bitcoin currency in gambling, to lessen the risk that you scarred. In additional, becoming not gambler is help to become successful in life.
At most of times it does. Without gambling for a day I can no loss but just profit with my trades.
Before, I use to gamble thrice a week but lessen that as time goes by.
It cant be that way forever. Something needs to be changed or else it might get wrong in the future and our funds might get lost in an instant
8832  Economy / Gambling discussion / Re: How to control greed on gambling? on: April 29, 2017, 05:12:58 AM
stop for a while, count your winning by convertig it to dollar, think about a goods you could buy from that winning, remember how many days or years you could get that amount of winning by working.

you will feel " omg i am blessed to get this amount just for day "

enjoy your winning by buying something u want to buy.

stick to the rule made by your self. ( i know everyone has his own rule to gamble )

Yes but those rules are easily broken in a snap.
We make rules that we cant even do or even if we did it is not most of time.
Greed comes in whenever we felt the winnings and wants to double or triple it more.
It is human's instinct to get more. We cant just simply say "this is enough"
8833  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: April 28, 2017, 06:46:55 PM
Thank God Paypal have been doing some good decisions partnering with other companies which are related to other services that be withdrawn easily or else I wouldve been just letting it rot there.
We know exchanges thru Paypal to bitcoin have fees and some percentage and I dont like that.
It is like eating up the sum of all your money so it is perfect that they are advancing also.
I dont want to see them as versus but more like options.
8834  Bitcoin / Bitcoin Discussion / Re: Who wants these Bitcoin scaling wars to end? on: April 28, 2017, 03:28:20 PM
This thread should have been thought deeper before being done.
Will this really be the way to make peace or it will just make it worse?
Will this just be another thread to where they could throw their madness or they will now undrrstand each other.
As you said money and time had been wasted, so will they get down from their thrones just to give way and make peace.
Money is real evil.
8835  Economy / Gambling / Re: Poker Players: Promo suggestions on: April 28, 2017, 12:10:32 PM
Leaderboards are a win-win, because they motivate to play more, but why would anyone like to play at a new site?

I like the idea about leaderboards and also some sort of reward for those that got on it and maybe some rakeback would also be nice for the site and for the players as this motivates them to play more and boldly as they keep in mind the rakeback. Though, if asked to if I want to play at a new poker site, probably not but maybe if there would be enough reviews.

Okay. But this leaderboards will only be for those old players who have been playing a lot and dont need to spend because of their large amount of money.
I think it also needs to widen the reach to pull more players.
New players should also have bonuses whenever they buy chips. Somehow it could make them not regret any bought chips as long there is that promotion that is going on.
8836  Bitcoin / Bitcoin Discussion / Re: Will bitcoin be used to support terrorists? on: April 28, 2017, 09:20:44 AM
Bitcoin is being used by a lot of illegal transaction but I dont think it is the terrorists.
I havent seen one or any rumors out there and even when I google it or maybe some forum that they were talking about this. Even diving the deeper web.
Oh! and terrorists are being funded by something else out there that we didn't know. They use fiats.
If ever they will use bitcoin we wont trace it also.
8837  Economy / Gambling / Re: Poker Players: Promo suggestions on: April 28, 2017, 05:46:49 AM
More chips for a player who buys an amount that you will input or a freebie for a certain amount. Depends on the website decision.
I think it is a win win if you could pull a lot of players by that means.
There is not much freebies in poker we will all think about chips.
One more, if the player gets a very good hand like high straight flush or a quadra.
8838  Economy / Economics / Re: Bitcoin to be international currency on: April 28, 2017, 04:30:38 AM
I think it doesn't need to be recognized like that, knowing Bitcoin enough is unique. Making it possible that to transact and give money to the person offering a service or selling merchandise, that's a good thing, and it's to be recognized by itself. It's a great invention and still at its infancy. It would skyrocket with the price.

It should be recognized this way because of it the price of bitcoin can have a chance to keep on pumping and that's why after Japan and Russia's acceptance of bitcoin the price of bitcoin starts to pump and I know bitfinex has some contribution with it too. If bitcoin will be declared as an international currency then I would love to travel if that happens.
The pump of the price is one of the result of the on going review of the SEC on the rejected ETF for bitcoin and if the ETF will finally approved then it will be a huge help for bitcoin to be recognize by the world and the price will surely continue to rise to its maximum possibility and that will be the time that bitcoin will be in the golden age where all the countries are in a rush mode that they are rushing to accept and adopt bitcoin to their country because of the possible profits.

Even without ETF approval we are going well. Many people and me personally predicted to have a bigger loss on Bitcoin price after the rejection, but it didn't happen... Things stayed almost stable, just a little drop at first, but recovered really fast.

I think the government interference, like when we say Bitcoin was "accepted" by a country, it's not good, as with regulamentations there will be fees and with fees we will have a lower profit.

Yes most of the userd here have predicted the same.
They thought it will be a great impact once accepted and also a great lose from denial. I think it is just a panic sell from some users which made bitcoin fall for a little while.
Then they go back, and here comes BU. Still not a successful way to make bitcoin fall.
It is international which can be seen by other countries which make different moves just to interfere with it.
Perhaps they have their own agendas which is not going to be successful unless bitcoin was taken down.
8839  Economy / Gambling discussion / Re: Do any people gamble under the age of 18? on: April 27, 2017, 06:05:14 PM
Living under the same roof with my relatives I did experience gambling at a young age.
Too easy to happen when your cousins are at your house.
With just a deck of cards we could start games that would also include bets which not may be large but still there is money included.
I think that is where i started to have knowledge with different kinds of card games.
8840  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: April 27, 2017, 03:27:31 PM
There are certain transactions that are way too low.
Maybe they would better save that for a higher amount to be sent. If they just keep on sending a lower amount then there would be traffic in the transaction processes.
For my own opinion I agree with the recent increase of transaction fees , it could help to prevent what happened before where it took days for us to receive our funds.
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