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901  Other / Off-topic / Re: Are bitcoins only for the educated and knowledgeable people only? on: September 08, 2017, 07:30:26 AM
no, bitcoin is universal coin, its mean that bitcoin can use all people in the world, include non educated, non knowledgeable people, unsocial, or something like that, they can use bitcoin freedom, if they know how to use bitcoin, how to receive, how to send and all about bitcoin i think they can use bitcoin.
Some people gives crazy answers that makes me lmao XD. What concerns being universal with education and being knowledgeable? The question is whether bitcoin is meant only for the educated and not if it’s a universal currency. Yes it’s a decentralized currency, but is meant only for those that are educated. If you can’t read and write, then you can’t make use of bitcoin.
902  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: September 06, 2017, 05:04:23 AM
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .

Yes you heard it right. For couple of year bitcoin is the one of best investment for making a huge profit. Lots of people are attracted towards it. Just buy bitcoin  and wait for at right time bitcoin can give you a good profit.

This is indeed correct. More profits from bitcoin is earning more investors in the bitcoin world. This is forcing big whales from stock and commodities to enter in bitcoin market. Thus traditional gold and stock investors are moving into the bitcoin market. This will give more and more strength to the profit making from the bitcoin.
Thus it is safe to enter in bitcoin market and HODL for long to earn super profit.
That’s damn true. Many investors of gold and stock market are switching to bitcoins and are in mood of making grand investments into bitcoins which is ultimately going to lead to the tremendous fame of bitcoins worldwide. Bitcoins are never going to disappoint their investors that are why people are crazy for bitcoins.
903  Economy / Economics / Re: BTC and Banks on: September 06, 2017, 04:32:57 AM
hello,
I was wondering if major and smaller banks invested in Bitcoin or other Altcoins?
I think they did but, the question is how? and with which methods?  Huh Huh
of course any bank will never say it publicly....
someone who knows something can explaine the community?
thanks 

I have know idea about this. And in my country I think bitcoin and altcoin are still like alien money. But this may be happen in USA and Europe.And very much possible in Japan as they have legalise Bitcoin.
Pretty same condition is prevailing in my country. Majority does not know about bitcoins and other digital currencies. Even those who know about them are not very much enchanted with them. Indeed, developed countries can invest into bitcoins via banks or vice versa.
904  Economy / Economics / Re: how can bitcoin help the community? on: September 05, 2017, 07:32:43 PM
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
Actually I do not see bitcoin in a 3rd world country.
The people are poor, they need every cent. Why would they use a currency that has transaction fees when they can pay cash?
Lets see it realistic, when they open a business, they will not start to ship world wide immediatelly. They do business person to person.
Bitcoin might be a help for them, somewhen in the future, a decade maybe. Or two.
For the moment, they have other problems than adapting to a virtual currency.
Obviously, it is crystal clear that bitcoins are not going to change the situations very much in third world countries. Only the developed countries and developing ones are enjoying the perks of bitcoins and in these communities bitcoins are helping many in improving their conditions. In short, bitcoins are helping communities to flourish.
905  Economy / Trading Discussion / Re: How much did you lost today, including profits. on: September 05, 2017, 07:00:13 PM
See topic title.

Me personally, a couple thousand $.  Sad



I will put it this way.

If i cash out everything, meaning turn to fiat, i would be around couple of big $k in total loss (more or less).

But since i wont do that, due to obvious reason, will wait for more appropriate time. But I wonder if i'll ever sell.
Dude! Are you planning to keep your coins forever? Now is not the right time to sell out bitcoins but there was a time, just two days ago, and again there will be a time when selling out bitcoins will give huge profits. Also, sorry for your loss but don't get upset because it will be recovered soon.
906  Economy / Trading Discussion / Re: What to do when prices are falling on: September 05, 2017, 06:16:35 PM
What should be done? I think when the price fell to analyze market and hope the price bitcoin back up because if the price goes up, the price of the bitcoin coin others will follow
I have a little different opinion. If there is a decline in the prices then I suggest it is better to start investing more in bitcoins because dip is the opportunity to increase this asset. There is no need of going mad or losing mind. I have seen most of the people panic but real traders know how to benefit from all situations.
907  Economy / Trading Discussion / Re: Need Advise on buying bitcoins on: September 05, 2017, 05:38:33 PM
I am having a suggestion that maybe different from your interest but i hope this will be useful to you, If you do not have that much capital to start on then just start joining signature campaigns from the startup companies that needs advertisement, Work on it and you will earn more bitcoins without spending that much cash.
I suggest the same to all those who hesitate from investing money in bitcoins or play with their last balance. It is good to earn without investment. For that, Signature Campaigns is the perfect option and you won't need to worry about risks. By the way, I would also suggest buying bitcoins after two or three days.
908  Economy / Gambling discussion / Re: Do you set up limits for yourself? on: September 05, 2017, 04:59:02 PM
Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM

Yeah sure I do set limits for myself because if I don't then I might end up being greedy and then later on be broke. It is important to set it cause sooner or later, I might be swimming in debt cause I will always be chasing my losses and then worse case is to destroy my life being addicted to gambling and being in debt which is an emotional torture. It might be wise to view gambling as for fun because when someone is gambling for money, he cannot prevent himself in earning more which might end up pretty badly.
Now that's what I call using your head! To set limits to your actions and analyze all the possibilities especially worst scenarios is actually going to keep you safe from a lot of troubles. Excess of anything can be fatal and for a game like gambling, gambler must set his boundaries.
909  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: September 05, 2017, 03:54:42 PM
Playing with bitcoins is much more convenient than with regular money, but this does not guarantee a permanent profit. It's just a game for enjoyment, not a means of earning.

Paying with bitcoin on online casinos is just the best and simplest way to gamble than using fiat money where there are several requirements to accomplish before you can finally play on their online casino platform.
Bitcoins do ease our ways but gambling with bitcoins is ridiculous. I mean, I would never do that. Bitcoin has much better usage than this. Sometimes, I am amazed at the diversity of people. Some want to increase their BTC without taking huge risks and some gamble with such a precious asset without worrying much.
910  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: September 05, 2017, 03:24:10 PM
Sports betting can bring a constant profit, but you need to analyze a lot and there will not always be a guaranteed result. In addition, sometimes there may be problems with withdrawal of funds.

Problems of withdrawal of funds are almost non existent these days unless you play in the wrong casion. Sport betting is the only possibility which can bring anyone a profit in the long term but this is not guaranteed. In sport betting even odds of 1.10 can be lost a few times because if they were sure to be wins all the time, sport betting bookies would not exist.

Also texas holdem poker which is 75% skill and only 25% luck can bring you money if you are patient enough.

In short, there is really no guarantee in everything we do but that is taking risk - we may win or lose in the game of life - we just take risk and that is it. By the way, the only guarantee to happen is that we are all going to die someday Smiley
You are not wrong about taking risk but dear that does not imply to take useless risks also. For instance, if someone does not know swimming and he jumps into a river, how high are his chances of surviving? You can answer it better than me. He would die before he was supposed to die.
911  Economy / Economics / Re: Bitcoin is Falling...Is it Panic Time? on: September 05, 2017, 02:50:03 PM
I missed these threads. The mongs are out in full force, it's part and parcel of investing. Only an insane person would expect a perpetual upward trajectory.
I agree with you. It is stupid to think of bitcoins' prices shooting up straight at an angle of 90 degrees. That's why I keep on telling people to keep their feet on the ground. The dip has zero effect on me because I have never fooled myself with false hopes.
912  Economy / Trading Discussion / Re: How do you Panic? on: September 04, 2017, 12:54:54 PM
when i was a newvie in btc tradding i afraid all time when coin dump. but now a days i dont panic.
Same with me, when I was a newbie in bitcoin trading, I often panicked when the prices of the coin that I bought down, so I always cut loss and as a result I lost my money but now i am never panicked again because I'm sure the prices will rise up, but sometimes I'm still can not be patient and still doing cut lose 😁😁😂
This is very good that you learnt from your past mistakes. Being panic is never the solution of any problem. It hardly helps you except this that it makes you to decide something which is even worst. You need to have patience and remain calm even at the time of stress. This will help you a lot.
913  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: September 04, 2017, 12:05:20 PM
Every region has at the very least a single man or woman who use bitcoin. So in one particular type it has previously a international forex but in other phrases of controllability and international acceptance it requires time to emerge as a global currency.
Actually the definition of Bitcoin is a global currency at first. However, it just not accept by goverment and illegal. Therefore, there are many investor wait Bitcoin become to legal for helps them have a reason for believe future of Bitcoin.
Bitcoins are sued for international transactions and people really want them to be legalized all over the world. There is nothing wrong in legalizing bitcoins as long as they are not controlled by governments because the moment it happened, the bitcoins will lose their attraction.
914  Economy / Economics / Re: The dream of getting rich with bitcoins on: September 04, 2017, 11:30:26 AM
I sure can be rich, it depends on your intelligence to use the bitcoin, as long as I know bitcoin, I have got 2 btc, I also have suffered considerable loss by following the trading
But the nice thing is you never gave up and here you are with 2 bitcoins. You are already a millionaire. Indeed it all depends on how we use bitcoins. If we are losing them in trades without proper strategies and plans, definitely in that way bitcoins can’t help you become rich in short time.
915  Economy / Economics / Re: How to teach kids about Bitcoin? on: September 04, 2017, 10:55:26 AM
http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.html

This article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money".

...what other ideas come to mind?
Common dude let em enjoy their lives, because after they grow up all they are going to do is figure out on how to earn money.  Until then let them take the time to gain some knowledge and to become smart and not fall into people 's traps.
true... after they graduate college, responsibilities are gonna hit them like a truck.
I remember my sister always tells me before  that she can't wait to work and earn for herself, now after 6 years in the industry she's already tired of working Grin
Earning money is not easy at all in today’s world. You really need to sweat hard in order to grab large amounts of money. We should teach our kids about savings when they are in early teenage because all this is really going to help them out in the practical life. Good luck to your sis! Keep pumping her.
916  Economy / Economics / Re: Best way for steady income on: September 04, 2017, 08:43:34 AM
Hello All,

What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.

Steady income more likely to be 'small & secure' than 'big & risky'.

Thanks,
BR Oinas
There isn’t any best way for steady income you should only find a method that works well for you, you shouldn’t only depend on one source of income, you should diversify your portfolio and with that I am sure you won’t regret your decision
Definitely! You can never rely on just a single source for a steady income and that too not a secure job. Yes, you can go for Bitcoin Trading but you cannot entirely depend on it for your living and steady income. You need it to be done along with some other mans of earning money.
917  Economy / Trading Discussion / Re: Trading sucks, I'll just hold my coins on: September 04, 2017, 06:42:59 AM
some people said trading is good option to get profit in cryptocurrency world but it all still depend on the skill for the person themself because sometimes if we have false move then usually we will buy at the low price and sold again even when the price even more low and eventually we will facing experience to loss so to avoid this situations we have to realize our skill with not starting trading with huge amount of money so small amount of money for the beginners is good i guess
Trading needs practice and patience along with skills. Without skills, you can’t earn any profit in trading. Yes we should start trading with small amounts that we don’t regret losing but investing too much in this field without any guidance is mere stupidity. I personally don’t believe trading is for everyone.
918  Bitcoin / Bitcoin Discussion / Re: can bitcoin wallet be hacked by hackers? on: September 02, 2017, 08:07:25 AM
I was thinking that no hacker can hack Bitcoin wallets
Really? How do you say so? Anyway bitcoin is possible to be hack since there were lots of expert hackers around here and trying their best to get people's money which is so freaking bad.
919  Bitcoin / Bitcoin Discussion / Re: North Korean Hackers Reportedly Attack Bitcoin Exchange in South Korea on: September 02, 2017, 07:36:52 AM
Cyber hackers from North Korea have reportedly targeted Bitcoin exchanges in South Korea in retaliation to new sanctions imposed by the United Nations against the hermit state as of late August 2017.

According to South Korea’s Cyber Warfare Research Center, at least one Bitcoin exchange was targeted by a hacking attempt that possibly originated from North Korea.

The assault was allegedly distributed through a dedicated email campaign. If the emails are opened by employees of the targeted exchanges, the attached malware will embed itself in the company's’ computer networks. So far, there are no exact figures on the number of exchanges that were hit by the attack.

https://cointelegraph.com/news/north-korean-hackers-reportedly-attack-bitcoin-exchange-in-south-korea
That's actually a good deal. It'll give us a little bit of pressure, and that's the kind of thing that keeps
Bitcoin to moving. It's hard to sell it such prices when there's no out there that wants to buy, but even though you create a fear-based economy it's still creates movement in the economy if that's what we need right now. Let Bunch people get scared drop their Bitcoin just fine by us.
920  Economy / Trading Discussion / Re: Does Bitcoin have a future? on: September 01, 2017, 08:03:39 AM
I just read on Btcjam blog that they are closing down: https://blog.btcjam.com/2017/05/25/btcjam-is-closing/, now I am just wondering if big players in thebitcoin industry are closing down, is there any future for bitcoin really.

I came to know about bitcoin through btcjam when i was introduced there to borrow. Eve in this forum, looks most signature campaigns might close down because of the ever rising price of bitcoin. Most of them have reduced their payout amounts for posting by more than 50%. Is this a good sign or a bad sign for the bitcoin development?
Bitcoin has a very bright future, it is going to be the major currency in use in the nearest decade. It is going to dominate every transaction and every payment process that is going to be used online

Bitcoin is the future of the life it will give motivation and groth for your life. It will give more profit for yur life and get the more income for the bitcoin. I belive the bitcoin
I think that almost everyone who knows about Bitcoin believes in it. We can never deny the fact that Bitcoin has changed the lives of so many people and is still changing lives of others. I see bright future of Bitcoin, where most of the trading in the world will be taking place in BTC.
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