Stealing in general is illegal. Bitcoins? Ofcourse. It's a currency. It's stealing money basically.
it is illegal for sure, however a lot of people are doing that because bitcoin is not regulated by anyone so people usually dont get any punishments Well that's a fact.you can't be accused by stealing bitcoins .but it will depend i think on those country who will legalize bitcoins and put a law on there .but i don't know if they can trace the stealer especially if hackers do it. Incase as of now there are no laws on it like stealing bitcoins on scam HYIPS . Sad to know these things but it's reality, eve someone commit stealing those Bitcoins but still useless since there's no law or regulation of prohibiting this act since Bitcoin is not legalize. Tracing scammers would be hard since as we all know that Bitcoins one of its characteristics is its anonymity which is really hard to trace because of encrypted transactions. |
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I don't think it is a good idea to spend your hard earned bitcoins in ordinary stuffs. Because of the gradual adoption of bitcoin in next years, it is undoubted that we will see a significant price increase in the bitcoin. So I will continue storing my coins for long because I am patient and I am not in a hurry to spend my bitcoins.
Well you are one those people who can still afford the daily needs with your salary. Some just cant. This is one of their ways for spending to buy food or anything that needs to be paid. Good for you though. Some people would really have a hard time on saving Bitcoin because they usually spent it on their daily needs or they earn just to make more extra income added to their salary on day job. You have a point there are also people doesn't rely too much in Bitcoin because their salary is already enough to sustain their daily needs and expenses then, it's a really good thing for them. |
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there are some banks going bankrupt so i believe there are a lot of people who lose their money though we cannot do anything about it
That might be true in some underdeveloped countries. But American and European governments provide depositor insurance for banks. If banks in those countries go bankrupt, the depositor insurance reimburses depositors up to a certain amount. In the U.S. the insurance is for up to $250,000 per depositor per bank. That means if you have accounts at 10 U.S. banks, you can be insured for up to $2.5 million. Insured U.S. bank accounts can include individual retirement accounts. Those bank accounts allow the depositor to invest in the stock market. Banks also reimburse their customers if their accounts are hacked. Bank cards protect customers who make purchases by allowing chargebacks. By comparison, bitcoin provides no insurance and no chargebacks. Many people lose their bitcoins because of problems with their wallets. The latest big loss was the Bitfinix fiasco. Bitcoin losses happen regularly. In American and European countries, people don't lose money in their bank accounts. It's delusional to think risky bitcoin will replace banks. The extreme majority of people aren't that naive to trust bitcoin instead of banks. The conclusion will be banks have already establoshed their trust on their customers. The fact that they havr been there for a lot of years makes it impossible to wreck it. They took well of their accounts and gave some features that will let them see that they can really trust them. Just like those insurances. True, banks have already established their pace for Long years and as you can see that there are many kinds of banks existed which means that many people already trust to banks to handle their funds and it's more secure than keeping your money on yourself. Banks are just like a warehouse or storage which usually a place where our money have been kept. |
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Wait do newbies have chances at Signature Campaigns?
The ones I've looked into either don't seem active, (look at the future,) Or there aren't very nice things said of them in comments I've read. I wouldn't recommend doing signature campaigns if you're still a newbie because of obvious reasons. But actually, there is a campaign that accepts newbies. But given that Lutpin is the one managing it, you sure have to expect a good quality post before you can join in. Look up 777coin or Bitvest, both of those signature campaigns accept Newbies. You might wanna check the table in this thread for the latest updates about signature campaigns. Correct, there are signature campaigns which accepts newbie rank but expect that you would have a hard time to join since lutpin is the campaign manager which hes a little bit strict about your post quality maybe if you have a good post quality when your still a newbie then maybe he could accept you. Just go to the link that have been given by others. |
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I don't think that bitcoin can ever replace money as bitcoin is still very new to many people and people who are used to fiat currency will continue with it.
it is really possible to be honest, i think that bitcoin is going to become huge, paper money is going to disappear in a few decades You can't pinpoint on when paper money could disappear not even in a few decades because fiat is been used already for a long time and it's really hard to replace. By a newly existed crypto maybe it could be possible since things does not last forever and can be replaced but I think it would take time for Bitcoin to replace paper currency. |
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Should we answer that? Why do you think we are all here? Just to waste our time for nothing? It is definitely clear to you and to all of us that bitcoin is worthy enough to spend our time with. It is part of my daily routine to check my little investments, to check my bitcoin wallet and to make sure that I have logged in here. I would not waste my time if bitcoin is not worthy ofnour time and attention. Just like why you are here right now.
Same here, that's why we are here because Bitcoin is important to us and also it's a money which we really needs to somewhat able to support some of our daily needs. Bitcoin does help many people already especially to those have problem on financial state and some to those which don't have any job at all. |
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Here's the important thing to consider: if you hold your money/save in a bank, in most countries, you are losing money due to inflation. So you are PAYING to hold your own money.
If you invest, all you need to do is beat inflation and you've made a profit. But if you don't beat inflation, you've lost. Just keep in mind that banks or cash are a losing proposition regardless.
Well you are right with it, but people tend to think that if they are going to save money they are going to have something in the future and can use it for any purpose that they want. Just like for investing, because many people are lack of knowledge especially if we are going to talk about inflation. They don't know about it, the thing is that as long as they have money to save that is fine. You have a point, most people wouldn't mind that thing at all regarding that inflation thing since we are not major on economics at all to know such thing.well it might be an advantage to you compare to others because you already knew about those inflation stuff. I agree to his opinion which people won't mind that thing along as long as save money for future purposes then it's okay then. |
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If someone is already armed with the idea to capitalize on bitcoin, it is necessary at the outset to understand that gambling itself is the abyss into which fly away all of your money. Therefore, even in the auction, you can earn, but without any of the excitement.
Well earning with auction is also a good source of earning bitcoin. But the thing is that you must have something that is worth to be bid. But you must keep on auctioning on product in able to earn because if that is your only source of income with bitcoin, once you are going to stop. Your business is going to be dead at all. Auctioning is only good if you have something goods too sell with that you could possibly earn decent of money depend on stuff you have bidden but same as he said it's not permanent because you don't have something to auction everyday and you could sustain that for long. Best way is to utilize the earnings came from auction to other investments so that you have another source of income if one source is completely shut then you have already a back.up. |
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I already quit my job 6 months back and now I am a full timer in bitcoin and earning good in compare to my job and I can work any time I want, there is no fix schedule to follow unlike the full time job.
It sounds nice, but do you have the same income like when you do your old job? Or does being a full timer in Bitcoin is even better than working on your old job? As he said, earnings on Bitcoin is good compared to his previous job then let's assume that he said it's greater amount which is a really good thing for him. Having full time with Bitcoin could earn you a lot and it depend on the ways on how you would earn it, then if you saw that you have already an stable income with it then you decide to quit your job because you already knew much better way to earn more money which is doing Bitcoin fulltime. |
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You are just right, bitcoin is sometimes rising, sometimes decreasing... but recovering again. I hope more people use it over time, so the price can find stability.
Yeah if more people are going to buy bitcoins and going to keep on using bitcoin for sure the price of bitcoin is going to increase. And of course you are not going to do something but you are just going to hold it until the price is going to reach your desired price. But you are not helping the ecosystem of bitcoin if you are not going to use any single bitcoin. That right, holding Bitcoin would not really help to the Bitcoins ecosystem as he said we must use our Bitcoins that we own so that it would be circulated to the block chain of this coin but we can't really force anyone to use their Bitcoin because some or most believe that they must save more coin for future use or profit but I don't really recommend this thing especially to those huge investors just holding their large volume of Bitcoin to their wallets. |
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Gambling are forbidden by Muslims and they think it is sinful. But I saw one Muslim( https://bitcointalk.org/index.php?topic=1571457.0) is also a high roller who bet 1000 ETH per bet, maybe he is happy about the profit, but I think his Allah is angry. LOL. No matter what religion do you belong its normal for us to commit mistakes because we are just humans by the way but its up on their decision if they obey your commit such mistake. For me its not a sin if you treat it as an entertainment but if you already risking all your money and it compromises your life and your family then it would be a very big mistake. |
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You can earn more than yo can imagine but the way to that is very hard. Many have tried to earn big money in gambling but most of them failed to succeed. It is easy if you think but when you do it, you will realize your chances is not good to achieve it.
I agree with you, its possible to earn in gambling and sky is the limit and it really depends on your luck when you play with it but same as others say thats not really easy at all since the risk involved is so high that you would actually lost your money in a fast way and thats not good about gambling. |
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The worst mistake is when i play the dice game and then i play with 90% winning chance with small bet, after i got bored because the payment is quite small so i change from auto bet to manual bet, and click the max button, i thought that i still bet with 90% chance, but in the manual bet it is 50% winning chance and then i am busted lost 0.02 in one bet
Oh well that is really worst, why not you have save half of your winnings and keep on betting for small amount with that 90% chance. That is already a big amount that you have lost 0.02 btc for just one bet. I know that thought you a lesson that if you are getting bored. Don't risk your btc that day. The first thing that I want to say is 0.02 is that huge amount so although you are missed clicked or doing something bad I dont think that it will be burden to you. Actually he didnt know that when he changed it the odds didnt change too so actuall it is just a simple mistake then. Bored is something that you need to control in gamble or later you will busted it and that is not really worst mistake though 0.02 isnt a big amount at all and you could simply earn that but in some people its already a big amount especially when you lost it in a blink of an eye. Thats a really sad story of yours before you switch to automatic to manual it also changers its odds. Therefore you got a leasson on that mistake and for sure you wont commit the same mistake again. |
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I would prefer to play alone. because when I was alone so I can be more focused on playing. sometimes we will not be quiet when we played accompanied by our friends. that's my opinion .
It is also good that you can play by your own. But for me even if I have friends with me or not while playing that is fine with me. For me I can play gambling even if my friends are with me or not. I can manage my self and I know what I am doing. Well, it really depends on us If we like to be accompanied by someone or not when we are playing gambling since people are different after all. Some may like to be alone so that they could focus on playing and don't want any disturbances while he plays and some won't matter even if they have friends beside them. |
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Actually i never saw a man, who has rich from Gambling?
I m not playing gambling because i saw a lot of people who has lost everything in gambling.
So i want to ask if anyone is here how has rich from GAMBLING ??
First Of All Gambling Is Not A Way to Become Rich, The Only Way to Become Rich is Our Master Mind and Money If We Use Them Wisely..... And Gambling Is always Depends Upon your Luck And I Also Never Seen a Single Person Who Becomes Rich By Gambling..... You know many peoples play gambling only for earn money in a hurry time, also you and me whenever play gambling so only for money. Instead we are saying gambling is a fun and enjoyment but main thing is that less time and earn a lot of money. But your second point is absolutely right. The fact is we cannot dictate people to stop in gambling as that is their decision, regardless of their method that is for them and they are not kids anymore that we need to teach on what to do, once you enter into gambling you are already a matured person and you know your chances so it is fine to think that you can be rich in gambling as long as you know how to accept when you cannot achieve that. You have a point and maybe some of the gamblers have have same aim in playing gambling which is to become rich with it. You are right we can't stop anybody on their decision on life because he's already aware on that certain thing when he decide to enter at hes also aware on the circumstances. |
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gambling was seduce me with dream to have much money when I can win the gambling, but for what I have got, I only got loss my money, but I don't know why I keep coming back, maybe its about seducing people could make they come back.
I suggest you, not play gambling for get a big money, and also not play to come true your dream, whenever you play gambling so keep your mind i bet only that amount which i can afford it easily and if i lose than it can't destroy me. But nothing of your above mentioned practice will stop you keep on coming back to gambling. But I agree it will prevent you to loose big amount of bitcoins also will prevent any very big disappointing situations. But all the plans are worthless unless you do not take any steps to stop you to gamble more in future days. Because all of your plans may collapse over time to get into big gambling problems if you keep on gambling. The ways gamblers think is very different, we do not stop when we still have money to gamble and once we lose big amount the more we do not stop due to the fact the we want to avenge our loses and to get back the money we lose. Correct, most gamblers usually have this kind of mindset which they keep on coming back to play just to avenge or hoping to win bac their previous losses which is really hard or an impossible thing to happen because they would increase only their losses rather than gaining them back. That's one of the reasons wh gamblers always coming back to play. |
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OP must have a organize road map for this project. i think visual road map is good for easily understand the program of the project. i will invest later once i have my funds.  this is a bit strange for me too. I can't see any road map in the OP. I think A road map is very important for a newborn crypto currency. we should at least know what you guys going to do and when you guys going to do.. at least ICO time is announced. but lots of other things which should be listed in Road map. like wallet, exploror, web wallet, mobile wallet, mining pool, listing in exchanges etc. OP give here some attention please. I agree road map is important but urging before the completion of ICO is not good in my opinion. Because with finishing ICO, they will come to know about budget and future plan based on the crowd interest and available funds. So, I believe we must wait for some more time or at least till ICO ends to get road map . What is the meaning of the road map ? What I did trading but I do not know what it is and how important it especially to the traders , would have explained it to me for I understand and I know what's with the road map . Thank you , especially those who explain to me what is its importance to me. Roadmap is the proposed plan of this project. It is what the ICONOMI Team will develop or create once the ICO meet the minimum target. The project was explained in the OP and was explained in the middle part. Anyway there is actually a graphical presentation of the road map it is that the account is newbie and can't show images yet. Thanks for Clarifying and give the definition of roadmap since I don't know even about it, same as his question that's why I'm waiting for the one who will gonna answer. I fully understand now the concept. Thanks |
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ohh this is eagerly awaited. big project I think iconomi would be a great thing when present. prospects for the future look bright from now was evidenced by his numerous bountie interesting. and it will invite more investors to join iconomi Gud Luck & Succes ICONOMI we are here for support always your statement is true ICONOMI next will big coin, becauce team dev ICONOMI is good and expert in dev altcoin and reputable Max Kordek, Co-founder and CEO LISK Alexander Hirner, Founder and Organiser of Ethereum Vienna Gasper Kenda, Co-founder, Xaurum project Tim M. Zagar, Co-founder, ICONOMI founder LISK, XAURUM join and escrow team the big team and high quality person expert and experience Ervin U. Kovac, Legal lead Sladana Cevriz, Marketing lead Tjasa Tolj, Marketing assistant Primoz Kordez, Investment lead Urban Jezernik PhD, Mathematician Domen Skalar, Infrastructure security Jan Mohoric, Mobile development Rok Novosel, Development Ales Lekse, Development lead Jani Valjavec, Co-founder, Technology & Trading Tim M. Zagar, Co-founder, Operations & Business For detailed Team Members descriptions please check out ico.iconomi.net Advisors Aleksander Vasylchenko PhD, CTO Grid Singularity & Ex-CTO Mycelium Zenel Batagelj, Co-founder, Managing Partner Valicon Lyuben Belov, Co-founder, Managing Partner LAUNCHub Domen Ursic, Independent PR advisor Stephane Gantchev, Partner LAUNCHub and Co-organizer of DigitalK As i see the list, all i can say that is has a big time and reputable developer same as you said also some are developers from xaurum which is recently launched and for sure it would be a successful project once it launches. I would glad to invest with this project because i see the big potential of this coin. |
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I'm new to the idea of bitcoin trading in general, and I was wondering how people actually get into it? It sounds like a lot of people have some sort of background in economics or finance, or work in trading in their day jobs and use btc trading as a sideline, are there a lot of people like this? Do people learn by losing money and then figuring out where they went wrong and correcting it?
I'm interested to hear people's stories.
Well for all newbie most people say you just need to buy low and sell high in trading, but the problem how can you know that the coin you buy is in cheap price? You can know it if you multiple times trade it. More in experience .. its really hard to know if you are just newbie to this kind of trading needed to have move study and do not rely on experience only, it is not because you got lucky ones or if you lose some you can rely on it, studying the flow is very important knowing instances on why or how the price will go up and down is very in need. I'm also a newbie right now and i keep on reading and searching for a better guide to learn more. Thats the right thing we must learn first and study about trading before we jump into it because if we rush to trading and we dont know what we you are doing then for sure you would lose all your coins. Trading skills and decision making in every trade is very important. Just trade in small amounts at first, practice makes perfect even though you cant make perfect trades always but you would have a good history on making succesful trades. |
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I want profits and not loses I think every trade wants that. Don’t you think so? Anyway, my beginning was the same as yours in crypto trading. I still consider myself as a beginner (that helps me a lot while conducting research about particular investment). I focus on small profits or at least ending up at break even point, so I don’t expect to jump on indicators having 9,999% price hike (i.e – pump & dump schemes). I would recommend you to start with small amounts and keep regular watch on price chart and try to analyze it. I think it will hard for you to start trading jif you dont want to lose, every kind of investment even trading have a risk and a chance if loosing your capital and it will not back, if you really want to do not lost you need to learn more first before starting with.knowledge is the key to success you'll just need to learn it by your own. Yeah trading is look like gambling they can lose or win but more on winning if they wise trader. If there capital is small buy coins with a small price. Do not buy coins only one you better buy 2-4 different altcoin for your own. Because if you lose in your one coin their is another one you can sell in big price. Be wiser to choose which coins you must buy. Trading has also risk on losing your money just like gambling but you can lessen the risk if you are knowledgeable enough on doing trading. Agree, you must be observant and aware on what coin would you buy because you cant be sure all of those coins would pump in the future which give you profit. |
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