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901  Economy / Economics / Re: If you were in desperate need for money.... on: October 23, 2016, 01:33:08 AM
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
I will ask my family,friend or some close relative to lend me the amount I needed.If they could not help me,I would,as a last e=resort,sell my some digital assets

Last resort will always selling thing but for me im opposite! Cheesy Because im shy in my relatives and family so i do prefer first selling my stuff then if it will not be sold and that is the time that i borrow some money to my relatives or my family though we are really pressured to pay it as soon as possible it makes us thinking it all day

That is right. If you are in emergency, it is ok to sell everything. That also include the bitcoin as well.

For me if that is what I am going to do I will going to put myself to downfall when I am really desperate for money I will going to some my bitcoins that I am holding and I will not going to doubt about it. Because I don't want to get some loans or borrow some money with my friends or bitcoin company.
In my simple understanding is that when a person is in desperate need of money he does not have anything to sell to convert into money, under the situation I would only do the last option which is borrowing money from a bank, I have a job so I believe they will approved my loan although I do not have a collateral.
902  Economy / Trading Discussion / Re: I quit trading on: October 21, 2016, 12:16:08 PM
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

Any tip from those things you have learned?


So many peopel are quitting with the trades to day i dont uynderstand them because trades makes allot of money you know and why do you want to quit with the trades
when you make money with it!!

Not everyone can manage to make money with trading, there are many people who invest blindly in trading which results in huge loss for it and it you are not good at it then its better to quit it.

That would be their problem then, actually you will not know if such thing is not for you unless you tried it, in trading definitely this not for everyone as we do not have the same knowledge and interest and of course we can easily determine that by the outcome of our venture.
903  Economy / Gambling discussion / Re: Why is gambling so addicting? on: October 21, 2016, 12:11:22 PM
Why is gambling so addicting? Just because gambling could make you happy. People always get addicted of some thing that make them happy.  But something addicting always have a bad causes
True and I think those getting addicted in gambling is the person that is not contented in their life and seeking with other things that make them satisfied. That is only my opinion.  Roll Eyes
Exactly, and that is because of the desperation to experience a comfortable life but they are blinded by the reality that gambling is not the key in getting their goal in life, they want to do it faster and they have seen an opportunity here in gambling that's why they are here aiming for the reward but most of them get addicted and failed.
904  Economy / Economics / Re: Is it better to save money or invest it? on: October 21, 2016, 11:57:19 AM
Investing is now better because with investing right now you can make good profits in the future of the bitcoin.
It has a great future a head and will come to a higher amount too.
We should be positive on that as the future is really good for bitcoin and for us who have put our investment here, we should not fear of losing our investment just trust and put the amount that you can afford to lose, it is better than gambling for sure, so if we can afford to gamble why not invest for greater chances.
Be positive and invest, that is the right action to do for now. Saving is good but investing is better, we need to invest in bitcoin for now and sacrifice other investment opportunity if we only have limited funds as for sure our money will earn big profits once the success of massive adoption will take place in the future.
905  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: October 21, 2016, 11:41:51 AM
We all think about it sometime – somehow finding a trick to get rich quickly. It’s not easy but it is possible. It is possible to win money gambling, but it has to be a full time job. Learning card counting is difficult. Betting on sports can be done if you take a financial approach and do it full time. In poker, you're going up against other player`s. Every game have different approach. If u don`t try, u will never know.
There is only one way to find out if you are good in gambling and you can win in the long run, you got to try it, you do not need to start with a bigger amount because our gambling sites here accept a minimum amount for as low as 1 MBTC, if you love sports betting you can set up a bankroll for the who season and experiment on that to determine your success rate.
906  Economy / Economics / Re: The future of the paper money on: October 21, 2016, 11:36:58 AM
Although we are entering an age where everything has its digital version, I don't see the paper money being obsolete. It is still nice to have physical forms of money. The increasing transaction counts using digital money and online payment has reduced the need to bring cash but there are still things that are better off being paid by paper money.
Yes and actually paying with paper money may involve risk of carrying lots of money but it also give some privacy than doing banking transactions so still some people prefer to get paid in paper money like students who like to get paid in hard cash for their extra time in work so that they can work more than their working hour limitation. So paper money may remain in demand even after decades from now on.
That's right, with paper money anyone can use it even kids. It does not need to have an internet or electricity to be able for you to use it and that makes paper money a more valuable for the majority than bitcoin where only few sectors are just being serve.
907  Economy / Gambling discussion / Re: What is your gambling strategy on: October 21, 2016, 11:33:35 AM
when i am playing dice , i dont go for any specific strategy, but as the games goes i play but not that much time, I play strategically in poker games where the strategy works and in sports betting generating reports and then i go for betting on the matches.
Actually in dice no strategy that will work overtime because of the house edge, but still we want to experiment on making new strategy because it gives additional thrill when in gambling although it is very clear that we are just fooling ourselves.
908  Economy / Economics / Re: Best way for steady income on: October 21, 2016, 11:30:25 AM
find something you are good at it example: graphic design, marketing, translation, writing. and you gradually will build better opportunities. and create a portfolio of your works, this will help you find more jobs.

that's a good idea, currently im trying to learning to compile new wallet, compile blockchain etc.
it's very hard to learning this job i hope i can get big steady income with this capability.
Indeed that is a good idea focus on what you are good at and then search for opportunity, don't be afraid to try a new things and workhard, with dedication and persistence eventually your hardwork will pay off
which is perfect mastering your knowledge will allowed you to maximize you earnings too, just like other said if you focused and dedicate your time you will be paid off after your success.
Yeah your chance of becoming successful would be higher if what you're doing is something that interests you, much more if it's something you love to do.

That's right and you will enjoy your work if its in your area of your interest and you will be more dedicated towards it so that you can earn maximum amount of income from it.
Maybe I am just lucky that my interest now is bitcoin that is why although the job here is very tiring since I do all the opportunities including gambling, but I feel like I am happy staying here in the virtual world and as a result I am very productive as evidence by my growing income.
909  Economy / Trading Discussion / Re: How do I grow my btc? on: October 21, 2016, 11:24:48 AM
a lots of things are already been provided i guess much better to keep seeking for the things that you are familiar with or the things that get your interest because while holding your bitcoin its already moving make it to grow more would be your decision in which way you choose, trading ,lending ,gambling those are the most common look if what interest you most mate.
There is no need to complicate everything because by simply holding your bitcoins you can already grow the value of your bitcoins but not the number of your bitcoins, the other options need time for you to do it successfully like trading which requires you to be active so you will also be updated.
910  Economy / Trading Discussion / Re: how to start trading with a very small amount on: October 21, 2016, 11:20:45 AM
Yeah and many of us thinks that making profits in trading is very easy but the reality is totally different and if you are new to trading then its always good to start with a small capital to minimize risks.
well that's why experted traders always reccommend to start with low amount or even learn about trading fully in some specific site to avoid the lack of knowledge when starting to be a traders,that's such a useful advise while the others only forcing people to do trading even without knowledge

And if possible, you should start on practice trading. Just like on forex platforms, there are practice trading accounts that let you practice your techniques and strategies using demo account against live values. Bitcoin trading is just like that, so maybe you can practice there. But if not, you can always start small because in some sites 100K sats is enough to start trading.
It's better here cause you can start with a little amount to trade, at least when you start you are using real money and that adds a little thrill on your practice in trading, it is just important that you need to know the right timing, and you can tell that since you are the one controlling your self.
911  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: October 21, 2016, 11:17:46 AM
For now i've realize that i'd play gambling both for fun and profit that depends on what games i'll play .some gambling makes me profit and some of it ill just play for fun. Its nice if both of this you play you can get back your lose amount then play again with fun.
You cannot play both, if you want to enjoy in gambling you do not have to play for money as well. Gambling is a very risky game so you have to know what to prioritize, playing for fun is for entertainment while playing for gambling is a different story as you are like doing a business in that way so you all need to implement the right method to succeed.
Yes,i can't play both of it just like what i've said ,do you read and understand it well?i just make it short .i play some gambling if it is for fun ,i played it for fun then if it is for profit i make sure i am not playing it for fun .playing it both by vice versa not in a single game .So it is my reason why i gamble even i lose in profit games i played im ready because i know that what gambling is.
Well on the other hand, one can actually play for fun while enjoying. Gambling has a very broad concept. Not just limited to casinos and online games. I for one engage in sports betting. It has quite a decent chance of you winning while you enjoy the excitement of the sport you prefer
Sports betting is my favorite also, majority of my gambling activity are in sports betting, but sometimes when there is no available games on my favorite sports i also bet on dice and other entertaining games in an online casinos.
912  Economy / Gambling discussion / Re: How House Edge effect on Wining on Bitcoin Gambling ? on: October 21, 2016, 06:15:36 AM

If you want to avoid the house edge, try playing sports betting or poker.

For more details, you can read about the house edge here.
I know even in sports betting (bitcoin sportsbook) there is still house edge if you compare the odds of the same match in your favorite sportsbook to another you sometimes notice one is higher than the other.

True, but that's not really a house edge. That's just different sportsbooks with different odds, sports betting does not have a fixed percentage.
That's right but they are not risking their money because the odds are not that equal if you want to bet in a game where there is an equal chances, they are making money of the juice we pay out from the winning bets, that's how it works, and that makes it better than dice.
913  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: October 21, 2016, 06:11:07 AM
There was never a way to gamble safe and there also never will be a way to gamble safe because gambling is not safe and its something that you cannot do safe too.
You can do some things to have minimal losings but that is all honestly.

One way of gambling safe is not to use your own money to gamble. So one way to get other people money is faucets. However, not related to gambling, there is also ways to get other people money like crowdfund to design a product and so.
and who will allow you to invest his money in gambling,  you cannot some one else money in gambling, i think the only way to  play gambling safely is to limit your gambling amount, you should play gaming with such amount that you can bare to lose.
If you are really good, other people will finance your bankroll and you will be the one who will manage their money, but that is very rare because if I am a gambler and I believe that I have a good chance to win in the long run, I will just use my personal money.
914  Economy / Gambling discussion / Re: What is your aim in gambling???? on: October 21, 2016, 06:07:08 AM
I wanna get entertained by gambling. I knew that gambling won't make me rich rather it can make me poor.I play it for fun.but there is no lose if you wish for something.so,I have also a wish or aim.I wanna earn 1BTC by gambling.I know that isn't a easy task but I won't give up and if luck goes with me I can.And I am afraid also because it's too risky.so,nowadays I bet small amount but in future I will play with my luck,who knows what is going to be happened with me?
That's a good aim and you should stick with that throughout your gambling career so you will not be victim of losing big amount of money in gambling. Most of the people are aiming for the money and look what they got, instead of making money they are losing money.
915  Economy / Economics / Re: What is your best investment strategy? on: October 20, 2016, 08:32:54 AM
Trying to scatter some of my funds with other investments. I am now looking in Gold to see if it can some profits in just a manner of time. I dont think it can keep up like what bitcoin is doing in its fluctuation but still it is a good choice to invest.

it is called diversification and it is the best way of investing your money but it is for those people who have large amount of money and want to invest it because it is not really worth it if you have small amount and divide it into two or three parts, then the profit will not be any considerable amount at all.


It is best to invest on an institution which offers high profit like the franchising and those selling of basic commodities like food chains, some part of the city sells street foods which doesn't need to require big investment. In order to make your profit grow you should save all the revenues you earn until such time the money booms then its time to expand the business or have an additional of your investment capital.

If that is your interest then it would be good for you, however franchising requires a big amount of money before you can start your business so you have to save for the required amount first to be able for you to go with your plans, the journey is not that easy but with devotion we can achieve it.
916  Economy / Gambling discussion / Re: Why is it Sports Betting is better than other type of gambling? on: October 20, 2016, 08:29:52 AM
I think the reason why sports betting is better than other type of gambling games is because you have a lot of time to think of who are you going to bet on. You can do a lot of research before the actual battle begins. There are also sports analysts online that gives some tips in sports betting. I think this is much better than those dice games and roulette that just gives you some random numbers.
With sport betting you can let the gamble be in your advantage because you have the option to pick the better team which gives you a better change of winning.
You then have a bigger chance of making money so you only have to bet allot of money.
That's the thing there, you are confident on how much you want to bet especially when you properly cap the games. In addition, we can also bet while the game is on going as some sports book has a live betting option which is good as it gives us a chance to bet and add on the entertainment value.
917  Economy / Economics / Re: Why have Bitcoin instead of cash? on: October 20, 2016, 08:25:52 AM
I understand on why people would have bitcoin instead of cash because with bitcoin you can end up with more money and you can end up with cash.
I still would like to have cash because then I would not have to go trough the whole bitcoin process.
It certainly depends on our purpose, if our purpose is to invest then it is good to use bitcoin than cash but to use our money to spend cash is the easiest  currency to use compared to bitcoin, unless your transaction are mostly online, but I doubt there's someone doing that.
918  Economy / Gambling discussion / Re: ALL IN!!?? on: October 20, 2016, 08:22:41 AM
i never bet all in in gambling because i know that i don't have much luck when playing gambling, so better i only play with small in every time i playing gambling. beside that i don't want to risk all of my money in the same time.
That is a smart gamble, it's not recommended to put all your bet in a game, it is better play little and slow, so you don't lost too much money, and from my experience nothing comes good when my head got heated and i do all in, so need to control yourself in gambling
Sometimes the conditions that can make us impatient when a bet as when you face a situation not win or lose after a few hours of playing it would appear mind to all in.

i say it also depends on the game you are playing too.
of course you have to keep in mind that you should never bet more than you can afford to lose. but in some games like sports betting you can go all in if you are more than 90% sure about the result and by doing this you can make a much bigger profit.
Based on my research, sports betting are the biggest form of gambling when it comes to bets, most punters are betting big amount in sports betting since there is no house edge and they can cap the games before it will be played.
919  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: October 20, 2016, 07:59:00 AM
Trading is a gamble but it is not gambling, that is a very simple definition to that. With trading we can have as many reference as we can to be able to make the right decision to be profitable but in gambling most of our method relies on luck to win, that is the big difference between the two.
920  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: October 19, 2016, 11:06:10 PM
Do you think Golden State Warriors can break their previous season record of 73 wins? They are even stronger this year with Kevin Durant joining them and their odds of winning the finals is less than Evens. The sportsbooks think that the Warriors have a very high chance of winning this year.
I know everyone are thinking that they can beat their old record as they are a better team now with KD in the house, but I have a different prediction, I believe they will not make it, because they are more vulnerable now as teams have already figure out their method and that was proven when they were beaten by the cavaliers in the Finals.

I think they will not break their own record this season even if the addition of Kevin Durant. To get a 70 win record is really hard for any team, last year record was a very rare to see.

In basketball anything is possible so i have fait that they will try at least over 60 is good result to think that they will do this at least

The goal is obviously to exceed what their previous record was. 74+ wins this coming season.
Let's just see if they can do that, I bet they can but who knows what will happen in the future, injuries are the main negative factor that could everything, in addition the public is rooting them to make that record, there's pressure on them as the public money is also on them. Can' wait to see their first game of the season.
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