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9121  Economy / Economics / Re: Is it better to save money or invest it? on: August 14, 2016, 08:00:52 AM
if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.
I think both are important, you need to save because in the future there might be some desperate need of money and when you invest all of it you will not get anything because investment also does not guarantee that you money will grow, sometimes you fall.

Yup saving is important as if your investment goes wrong then saving will help you as a back up money which can be used at the time of emergencies.

thats one of the purpose of having a savings, it would be used  for emergencies or any circumstances in the future which involved  financial problems.  Its a life saving  situation when you have an emergency fund or savings  since you can easily use those funds to back up the certain situation.

Yes saving should be our primary concern, and people who cannot afford to invest big will prefer to save first and then after reaching to certain value will prefer to invest it somewhere.
It is always a good plan even to those people who dont have enough  money to make such investments because they lack of funds. A wise person would make a way and saving  money  until he/she reaches his goal  on the exact amount then he would  make an investment to expand or maximize its profit.
9122  Economy / Speculation / Re: Bitcoin price will reach $4000 after halving ? on: August 14, 2016, 07:58:10 AM
i am not thinking that price will reach 4000$ but i think i will reach atleast 2000$ . since no one can accurately say that what price will be but in my openion the price will be above of 2000$.
I see no reason for bitcoin to go upto $2k USD anytime soon as it has not yet reached $600. Even I don't know whether the bitcoin price will achieve the $1k level by December 2016.

Bitcoin is testing our patience since long time as its really taking long time to touch the $1k mark, and I think we still need to hold our nerves to see that price.

Even though some may sell there coins  as of now but for sure many would  see bitcoins price as of now as an opportunity to buy more. As you said bitcoin is just testing our patience  since long time. $1k mark would be very hard since we are just stuck up at $500+ but as we expect it would gradually increase it price but the question is  when?
9123  Economy / Gambling discussion / Re: Does Skill Work? on: August 14, 2016, 07:54:40 AM
This is kinda funny reading the comments here.  Gamblers tend to ascribe to their luck an aspect of skill that is far too much.  It's magical thinking.   OP was right in describing the second category as mostly chance.   Skill does play a role,  but I think it's much less than a lot of players believe.

Agreed there is only one skill based casino game I know of and that's this game called c.o.r.e. on betterbets.io
Other than that it's luck to think otherwise is madness.

Very precisely, many gamblers who contended that luck is a major factor in getting the victory, so that when they do gambling 99% how used is indiscriminate (original play) so that when they are aware of. They are very angry, embarrassed, lethargy, because large losses. Skills in gambling is absolutely needed, because gambling is a game

How can you have skills when the numbers or cards are random? You never know what card or number to expect. Therefore, you can't play with 'skills' when it comes to gambling! The only skill we can have is to know when to deal or stand or whatever you have to do.

There are some card games that require some skills in order to win. Poker and blackjack is one of them, but chances are you are likely to lose unexpectedly.

Skills are required on that game is on how you  manage your  card and on decision making but the most important of all  is when luck is beside you then you would definitely win to those games but  it wouldnt guarantee you in the long rn because as we all know that gambling are just a matter of luck.
9124  Economy / Speculation / Re: 350 USD in August on: August 14, 2016, 07:52:48 AM
Yes people who have lost their money in scam will not forget it easily as they have lost their hard earned money in it and they will prefer not to invest anytime in those sites.

People haven't actually lost money yet, because they have been given BFX tokens. They can always wait for them to be redeemed, if Bitfinex recovers. Of course, these people won't be investing additional money any time soon.

Its really hard to digest when you loose your money in such scams and if you have invested all your money then it may make you bankrupt which can affect even your family.

It would be really hard to move on when you are experiencing  such big loss because you wouldnt know  what thing would you do next. You will back to zero and start from the beginning  and the hardest part is when that money you invest  on those scams are  those money you just borrowed or loaned from others.
9125  Other / Off-topic / Re: Will you accept bitcoin as your salary? on: August 14, 2016, 07:50:13 AM
Nopes, I will never prefer to get my salary in bitcoins as price fluctuations will affect my income and that can be very risky if price goes to very low level in future.
we would  have the same decision since its  a risky thing if you decide to recieve your  salary on bitcoin because your salary would depend on bitcoin price if it  inflates then its a good time  for you  coz you will earn more than your  salary but if  the price would go down then normally your salary  would  decrease too.
9126  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: August 14, 2016, 07:45:48 AM
Should be sports betting, if you are a sport lover, you can win more than lose, it means that you will have profits in the long term.

You cant be sure even if you play on sports betting you cant guarantee that it would make you good profits in the long run because as we all know theres no such good profits out of gambling unless if you are really a lucky person then it would be possible.
9127  Economy / Gambling discussion / Re: What are your gambling stats? (Profit/Loss) on: August 14, 2016, 07:43:15 AM
i every count my loss and profit because every time i get lose i always get to move on because i don't want to think it anymore that i get lose sometimes i think about it because how if i exchange it into fiat and buy something that can help me everyday like some staff etc. Profit i will be always happy if always get to win because i always so that my bitcoin grows that easy  Roll Eyes

Its not easy to win every time and majority of times we will loose so if I calculate and compare my stats then definitely loosing will be having upper hand on winning.
Of course, nobody wins all the time, even the house also lose sometimes. What we are doing is just we gamble to make money and have fun at the same time and we really do not track our loses and that separates us for the professional gambler who are treating gambling as their business. They have a great record and have a profitable stay in gambling.

Even those professional gamblers i believe  that they have the same record to those ordinary gamblers out there because  theres no such thing about techniques or ways on how  to win on gambling maybe they called professional because they gamble  for  a long period of time but i believe the stats were all the same. Just my opinion.
9128  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: August 14, 2016, 07:33:42 AM
5 btc I will sell when price reaches to $1k and rest 5 btc I will save for the future hoping to earn much higher profits in future, its better to play safe and not take risk of investing it somewhere.
indeed save for long term bitcoin is very much better than gambling or else way but the main problem for long term holding is we never know in what year bitcoin will reach $1k or above and it takes more patience to waiting your target sell because for me waiting is the boring time in my life and currently long term holding doesn't suitable any longer for me



That's true holding for a long time is not guaranteed that you are going to earn from it. But if we are going to base it on what happened for those bitcoin millionaires it is the way that they did on how they did became a bitcoin millionaire. Well it is also good to consider that holding that amount up to your satisfactory price.
from my point view eventually holding will give you an advantage during bitcoin keep exist and you can be patient until prices rise above the price before you buy it.
I too would rather hold them for myself as there is not really much of an assurance of profit from trading because from personal experience from trading, I have not really profited that much with my trading so far as I am a small networth bitcoin trader.
I may try sports betting with just a small amount and test my luck and skills to see if I can make profits there.

It depends on your preference but  trading is much better than  sport betting, if you said that you wont  make good profits out of trading it normal because we suffer lossing trades just like gambling  it has the risk of losing your money. Sports betting is better  compared to other gambling games but its also a matter of luck only.
9129  Other / Archival / Re: Do you use bitcoin as currency or investment? on: August 14, 2016, 07:25:53 AM
I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price
a lot of people like you who just buy bitcoin and then spend it on something if you not believe if by holding bitcoin can get a profit it's up to you, due to the fact many have earned huge profits simply by holding bitcoin

Yes it is really possible but holding it can't applied to those who are holding only less amount of coins. You can't feel the profit if you are only holding less amount of coins and the time you will spend waiting for your high price increase is really not worth it. Satisify with just $100 or $200 a year earnings??

Do not be satisfied with just what we have. I guess that is what he is telling. It is correct. It is like planting you need to grow it more now for a greater harvest in the future.

Only wise man would have that way of thinking. We wont really feel the  earnings  if we have only a few amount of bitcoins Therefore we must think on how to grow it even on a slow way but its better than to hold it itself which could give you a small amount and you are right it not really worth  it.
9130  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: August 13, 2016, 11:12:47 AM
I would buy, but first I would have to see the reason of the crash and if it is the bottom price.

I would buy without the need to know what happened to it, just because i like to colect rare items, and bitcoin at 1 dollar or less wouldnt  for sure reach again above ammounts, it would be the end for it, but the history connected to it its huge, revolution coin and thinkings and its technology ahead our time.

That could be a good way of buying at that moment, if someone just wants to buy and keep them for the future and if it ends their it would be a good memory of the times spent with it and to show it to others and tell them how famous it used to be in times.

This is a big risk, if you buy it can be a big advantage, and vice versa, can be a huge losses. maybe when the price of bitcoin $1, all exchangers will be closed/bankrupt or being a scam. so you can not convert it into a fiat.

Yup we never know what will happen next, either it will rise again or simply disappear but if falls to $1 then we can take risk of buying some coins hoping that it will rise again.

Buying on $1 per btc wouldnt hurt us if we just spend our  extra money and  not all risking the  money all you have to that single oppurtunity. You are right it might not rise again or dump forever. If  you are  really a risk taker then buy more bitcoin just remember  the risk involved.
9131  Other / Beginners & Help / Re: Will my method be a good steady income? on: August 13, 2016, 11:10:54 AM
I don't think your method will really work, because it's depending in gambling, and tha&t's risky as known. It's better for you to collect your earnings from faucet and hold it in your wallet.

All i can say that  it would be better if he/she stays away with those faucets because its really time consuming  and  it could gain you a little satohis out of it which is not worth for your time.The hardest part is when you gamble all your faucet earning and lose then  you would definitely cry because you made effort for nothing.

in a short term could be profitable, or even it's a good way to earn some satoshi, but in a long term this is a lose deal.

Ive used  to be on those faucets before  when i was a newbie , i felt very happy even when  im earning  small amount of satoshis  im feeling contented but  when the time im learning into things i just realized that  those faucets are just a waste of your time actually but  i would still give thanks to that faucet thing because it help me on my journey in my bitcoin career because it  pursue me to find more  bigger earning jobs .
9132  Other / Beginners & Help / Re: How to earn bitcoin by sig campaign? on: August 13, 2016, 11:07:46 AM
It's easy to earn bitcoin by doing signature campaign. You're getting paid by doing what you are already doing, you just have to put an advertisement on your signature. But, you have to be careful and you should post constructive and on topic posts because otherwise, no one will accept you in a campaign. Another thing, the population of people here are so much that it's starting to get hard to get into a campaign. That's why I recommend joining a signature campaign that seems to last a long time instead of hopping from a signature campaign into another.

It is easy for the ones who are old into this forum and knows what to write and where to write it but it is obviously not easy for the ones who are new to this industry and does not have any knowledge for writing anything.

I think they should spend some time here on regular basis and gain knowledge first and then join any campaign, and then their knowledge related to bitcoin will reflect in their posts.

Well thats right, the reflection of their knowledge through their posts would only be visible if they spend quite a lot of time only in reading and understanding the things around them or about bitcoin because the knowledge they will get from that would only be of good use later on when they will have to choose anything they will have the idea if what would be the best for them.

Its better to learn things first about bitcoin and other things related into it before you rush up to join in signature camapaigns so that you would be ready enough to participate and you already know what would you do  if you are already there. Unlike having joining directly without any knowledge would lead you to have a big problems on joining campaigns.

Yeah its better to do good homework before joining any campaign as if you join without preparation then you may be kicked out at initial which can create negative mindsets related to campaign.
agree, being prepared for anything is  the  good thing to do when you decide to  join or  rush into something. Ex. joining signature campaign without any knowledge  would be useless  because  you would  get easily banned or kicked because you dont know what you are doing. Its better to  study first as you said.
9133  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: August 13, 2016, 11:04:13 AM
casino always wins - remember than man Smiley

casinos mostly wins but not always there are many winners in the ocean of losers

You may find some winners as well in the ocean of gambling but most of them are losers as all of us can see, i never saw or heard from someone personally telling me that he managed to win some money from gambling or something like that, because the possibility of losing is more than winning in gambling.

Thats the reality in gambling , you would even know someone said that they make profits everyday with gambling or even didnt heard about someone whos rich in just playing gambling. We commonly heard about losing not about winning because gambling is just pure luck and some are manipulated.
9134  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: August 13, 2016, 11:01:02 AM
Probably best way for making profit in gambling is to not gamble. Other ways are just risk, and there is no easy way to make profit at gambling.

 From all gambling games I think sport bettings is most easiest, fair and safe way to make some profit. There is many games, its always easy to find some safe bet with not so big odd. Other ways are just luck, if you have luck you will win.

You are right, gambling is not meant for profit, players should only view it as entertainment and never bet any amounts they are not ready to lose.
But what happened , while they win a bulk of satoshi from gambling and becoming greedy .
It's not for entertainment yet , but will become for the seek of income because they really excited about getting profit with it as they don't care about loss or they want to recover the losses.

Most gamblers have the same aim of having a profit everytime they play gambling and some becoming greedy  in those times that they are experiencing  winning streaks  and they keep betting hoping for more profits and thinking  for recovering the losses in the past which usually happens to a gambler but sad to say, they even lose more.
9135  Economy / Gambling discussion / Re: Crypto trading or gambling on: August 13, 2016, 10:58:20 AM
If you ask me i prefer gambling rather than trading i feel more excited when i play gambling eventhough its more possible to earn profit in trading rather in gambling, in trading i need to wait quite long to earn some profit and there are a lot of games in gambling so i wont get bored

It looks you misunderstood both of them because gambling only for enjoyment as you said but if you think can make a quick profit from gambling then you're wrong, and you may lose a lot of money in short time. Yes, trading may take a long time to give profits but safer to earn money than losing money in gambling. I gamble only for fun and trading is for earning.

We have different mentality and i would argue with you since its your own view when it regards to gambling and trading. I agree that trading would give you  slow profits but  it is much safer than you do in gambling. Treat gambling just for entertainment not for profit purposes  because for sure it would  destroy all your expectations.
9136  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: August 13, 2016, 10:54:40 AM
i would just save all the bitcoin and not do anything with it, that would be the best as i would make money

Me either I'm going to save all of it if someone is going to give me that amount. Because it is better to be safe if you are just going to wait for the price of bitcoin to increase and before you are going to do something with that amount. After holding it I'm going to do some investments that is going to satisfy me.

That thing would be the wisest thing to do because we are already securing our future with the help of those bitcoins because we believe that bitcoins price would increase  in the future and thats the right time to use all that stored bitcoins which are kept  for too long well its worth of the waiting time  Grin
9137  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: August 13, 2016, 10:50:31 AM
Bitcoin can not make banks disappear there are lot of reasons for this to not happen. The main is limited supply of Bitcoin and value of it the higher the value is the lesser people (common people) will use it. Bitcoin will exist but we will see no competition between banks and Bitcoin and they will work hand in hands in future. Banks provide a large range of services which Bitcoin can not offer due to its nature and complexity which is advantage for banks.

Bank and bitcoin have differences since banks are just storage and not a currency itself, Therefore even bitcoin would be developed in the future it wouldnt harm or give any threats to banks since  bitcoin is a digital currency after all if those holders want to store their huge amount of bitcoin maybe someone would create a bitcoin bank. storing all  thier physical coins. Just my opinion.
9138  Economy / Speculation / Re: 350 USD in August on: August 13, 2016, 10:46:58 AM
Would be gross to watch this happen, BTC losing most of it's value.

I personally highly doubt it will happen but WHO KNOWS!

Even though bitcoins price as of now is dropping but  it wont never reach $350 mark since its too low.  Its impossible for bitcoin to drop its price,as we all know that bitcoin price is unstable  it would  definitely rise and fall its price but not as much as low as OP's speculation.

Exactly we may see price drop in future but it won't fall that low, I don't see it going below $500 ever and $350 is surely not possible as that price is too low for bitcoin now.

If bitcoins price would  go to that lowest price maybe there would be a problem in bitcoin or maybe  some huge bitcoin holders  are dumping or selling their coins on cheap prices. But i guess  the price would increase after that since many people would definitely buy on which bitcoins price is lower because they believe its a good opportunity to buy.
9139  Other / Beginners & Help / Re: Getting rejected in all signature campings???! on: August 13, 2016, 10:44:20 AM
Don't rush things, wait for the right time. I am also a newbie, spending some of my time in here by reading and participating in the discussion. I don't think much about the signature campaign because there is no way for you to get a high rank account in a short period of time, it will take months. Right now, just enjoy participating in the discussion, you might not notice that your ranking is getting higher. Smiley

Thats right, dont rush up things  so easily, it would take time to learn about things in here  and things related to bitcoin. Those effort would be worth it  when the right time approach. You wont  notice your  ranking up fast just focus on  participating discussions which  could be very helpful to you.
9140  Economy / Gambling discussion / Re: Worst mistake in gambling on: August 13, 2016, 05:53:14 AM
worst mistake in gambling for everybody (i have made this mistake in my life) is that you bet more than you can afford to lose. you should never get greedy in gambling and always try to stay on top of your bets and make the wise choices so that you make the best out of the strategy that you are using in gambling.
the worst mistake people do while gambling is that they were so greedy, the greedy sense dont allow people to make wise decision, control your mind and stop it when you have to stop and obtain the profits.

Its for me too! Chase the loss and more greed to get more. It is the greedy ones the casino wants. The worst fpr me is to put too much in and make a bet too high. Like on slots so I stay with dice maybe. We must learn not to be greedy and to control spending.
chasing your losses is probably the worst thing you can do when gambling your money, in my opinion it would be way better to just not gamble at all, i have never had such problems

I think its easy for you to say. Would you expect a man stopping instantly in gambling who experienced both winning and losing? And now having a loss wants you to take back tour money by winning it.
I think not all people are with the same mindset of yours right?
There are really people who really just want to stop immediately after winning a jackpot. And also there's someone that who is really want more winning after winning a jackpot already.
Yes, it is easy to say for us to stop in the game that totally attach to us. But of course it is depending of a person if they really want to continue playing or not.

Agree, we have different decisions  on any thing. In gambling there are some of people would stop after  hitting the jackpot because that already their  mindset  or goal for that day and some would continue  to play even if they won the jackpot already because they are hoping for more money.
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