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921  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: November 19, 2016, 07:45:11 AM
With the fluctuating prices nowadays, trading is the best source for me because it is possible that within just seconds or minutes, you can hit your target profit but of course there is a disadvantage in which the price may go the other way but if you have risk management and money management then trading would be profitable. In order to be profitable in trading, experience is needed because through it you will know what strategy is compatible for you with the available time you have in trading. You may choose long term trading or short term trading depends on whatever you are comfortable at.
That would defend on your capital, if you have a big capital you will be able to trade well and you can enjoy your profit if you are good in trading. with a good amount of capital you will not be frustrated since the income in trading is not that fast like in gambling when you are lucky.
922  Economy / Economics / Re: Best way to manage money? on: November 19, 2016, 07:38:50 AM
Best way to manage money?

way to manage money if I have much money, I would invest half of my money. besides that, I will save my money on the bank. And if I have much bitcoin I will use bitcoin to trading although trading has a risk, but same I am not spending all bitcoin but only half of all bitcoin, because we must have speculation.
That sounds reasonable but the ratio of saving and investing will depend on your economic situation for the ones who are rich they could invest 95% of their money and have the rest for emergencies and for the ones that are poor then having a greater amount of savings than money invested makes the most sense.

Even if you are rich, you do not invest 95% of your money. There is a limit of the amount you invest / risk. Rich or poor, it is still best practice to have different savings account. Then, invest only a part of your savings. Invest only the amount you can afford to lose.
That was just an example, since most people are not going to be that rich in the first place but the advice still applies if you have lots of money is better to have  most of you money invested so you can produce even greater profits.

but must also caution in selecting the right invested because if we are not precise in choosing instead of profit that we can but harm also
That's where the money comes from; risk of investments. If you take no risk and put your money up with 100% confidence that you're going to get it back, then expect to make little to no money off of it. If you are able to find something that gives you a return for essentially no risk, then it is more often than not too good to be true.

Risk is a huge factor of investments. While you can be burned by them, you can make enough doing whatever.
Even saving our money in the bank is subject to the risk of inflation so most probably all in this word has a risk. We dream to have a wonderful life in the future therefore it's just fair to risk in investment we feel we have the chance to profit, and there's no looking for other type as bitcoin alone can give us fortune.
923  Economy / Trading Discussion / Re: Best Investments on: November 19, 2016, 07:22:50 AM
I think the best method is altcoins trading buy low and sell high, but you have to have a good experience, or if you have more money you can buy a tool for bitcoin mining.
It same with gambling, we don't know what happen after we buy altcoin, as my experiences bought altcoin, I always loss, until now I never buy altcoin again, I still recommend to buying bitcoin and hold for long time investment.
Trading is not the same as gambling, but if you have been unable to obtain any profits with altcoins then I think you have taken the right decision by just staying out of it and only buying bitcoin.
It's not the same in the sense that you need to have the skills and knowledge to be able to succeed in trading but in gambling you just have to be lucky to win but you skills will only limit your loses and being matured in gambling is necessary otherwise you will lose big amount of money.
924  Economy / Gambling discussion / Re: What keeps you coming back??? on: November 19, 2016, 07:03:30 AM
I like everytime i played in gambling website for a long time and winning on the game is good in feeling i love the way i played and then triple my money in just a minute this is what i always comming back on gambling sites even though im not that good in dealing with my bets.

The sensation for this feeling is making me back in gambling either. Even I can manage to control myself to completely stop gambling that can be possible only for a day. But for the next day, I'm thinking that "if I gamble today, then I have a chance make my money tripled." and that way of thinking is making me also to keep on gambling again and again.

In short, the main thing   that  keeps  you coming  back  is  on  aiming for  more  money. I agree the  feeling   of  doubling or   tripling  your money  which  really gives you a great emotion that  you would  surely seek after you experience it but   remember  it do really have   opposite effects  if you do play for a  long run  because  that happiness  would surely replaced  by sorrow after   suffering  a huge loss.
That's most probably because we are lazy and greedy, we want to rely our source of income in gambling and we think it's easy until we experience that it's not that easy and we gave up to making money and now we are chasing to take back our loses.

It's a never ending procedure until we got broke.
925  Economy / Economics / Re: Passive Income on: November 19, 2016, 06:52:23 AM
Thats true that referals, even if not at gambling they can help and provide a passive income as long they keep active, its hard to get active referals that wanna and does invest. I still believe make own project is the best way to achieve this goal.

its not gambling, what is your promote affiliate site
cloud mining site, investment site(hyip and ponzy site or what)
you say pasive income in long time what is your promote site , affiliate site can support payment use bitcoin
You also have an opportunity to promote gambling sites as your affiliates but you need to work hard for it so you will invite more gamblers to sign you. In my experience doing it, I have not attract big bettors therefore my affiliate payment is too low and I stop it already now.
926  Economy / Economics / Re: Bitcoin worth to you or not... on: November 19, 2016, 06:30:29 AM
We all have some amount of bitcoins in our wallets..
Do you really think bitcoin is a currency Worthing you more than a real currency...
I do because real currency price won't grow up or down as bitcoin...
So do you or not ??
And also have a discussion about its prices in future..!!
It is worth it for me. Unlike real money currencies, bitcoin is more flexible. That you can either do trading, investing, selling or mining.
Except for mining you can do all of that with fiat too, in my opinion the greatest strength of bitcoin comes from its decentralized nature, that has allowed bitcoin to survive and even thrive despite all the obstacles.
Yes the decentralization is really good for us,  unlike fiat that can monopolied by bank.  Bitcoin  was designed to be deflation  everytime,  it mean the value will always rise. Bitcoin  will survive as long as people use it.  The number of people who use bitcoin is increase every time. So I am really sure that Bitcoin price will keep rising forever.  So bitcoin is worth as an investment  for me.
Maybe bitcoin price will not go up forever but I agree we are in a stage in the life of bitcoin where the only thing it can do is to go up there are going to be some ups and downs but I think the general direction will be up.

And that is why bitcoin is worth to all of its users because we are loving the way bitcoin moves. For each year there is always an uprising  for bitcoins price. This is not new for every year is becoming a good year for bitcoin and it keeps on pumping and that is for the price and for its usage we can truly say that it is worth it because of fast transaction.
It's rising and it's good but we cannot be too confident with that as the price also has the possibility to lay law. It's bitcoin and there many factors to consider for our investment, if we will only see a one way increase then probably it's not risky at all and we are all rich here.
927  Economy / Economics / Re: The future of the paper money on: November 19, 2016, 06:22:25 AM
the existence of paper money in the future will begin to decline and be replaced by digital money  Roll Eyes. payment transactions with a card, atm card and shopping. and also because paper money is less efficient if in large quantities. but it's still in the long term because of the profit they make money medium digital / electronic novelty of this period. Shocked

I beg to disagree.. the paper money will not ever replace even digital currencies. Its that’s not a concept most people can get their heads around, which has been Bitcoin’s great limitation. It might overcome that hurdle, or it might not. The only certainty is that money will keep evolving. If money represents value, and value is a reflection of our needs and desires, then money is simply a reflection of us. And it will continue to change as long as we do.

While I don't particularly disagree with your point that Bitcoin might never replace paper money (since that seems to be what you meant to say, it was hard to decipher your message), I can't possibly agree that the technicalities of Bitcoin could hinder its adoption. They can be very well hidden by the wrappers which web wallets already use. In fact, just to fill a typical bank payment order you need to spend substantially more time and effort than to make a Bitcoin payment. Even if you use a bank payment card, you still need to enter a lot of auxiliary data (such as card holder's name, expiry date, security code, maybe, something else that I don't know of) while in order to make a Bitcoin payment you need only to enter the receiving wallet address and the amount to transfer. I mean if you use a web wallet, of course...

In this way, I don't really think that the technicalities are a real obstacle
For me, it's the trust issue.. Banks are centralized and people especially the depositors are comfortable with their money as they know it's secured while in bitcoin it's not safe because it's decentralize and when the entire system is down our money will be lost. Simple as that why people continue to use paper money as it's government regulated.

Bitcoin has advantages in transaction than paper money and vice versa.
Digital currency is a future payment method but I think paper money will be still exist as long as digital currency can be hacked.
Security issue is what hinder digital currency to replace paper money, we still need a form of money (medium of exchange) to do transaction just in case.
We need both of them to store them securely, I mean when your digital currency hacked at least you still have paper money on banks or safes-box.
yes that is right to say bitcoin is easy to transfer it do not need to transfer in to local currency if  you are buying some thing in another country as bitcoin is a universal currency and it has the same price every where in the world.
That's why it's called universal currency because it has the same value in the world and because of bitcoin we are united as one. And the world is supporting bitcoin as we are the world compose of different supporters from every country.
928  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: November 19, 2016, 06:14:04 AM
One of the best way to make sure that gambling to be profit is that you dont use your own money to gamble. So one way is to gamble with faucet, although it is very little but it can cure those who have the urge to gamble.

But you forgot the main thing to mention is time need to spend to collect those small amounts to a gamble. You need to have a lot of free time that's why maybe it is good to spend to collect those small amounts from faucets to play. But for me time is money and if you utilise that free time properly then you can earn a lot of money online instead of wasting time to collect faucet site coins.
I agree faucets aren't worth our time, it's good for only beginners in gambling/bitcoin. to make good money from faucet you need a captcha solver bot lol.
I agree too but at the same time they are having much more benefits as compares to us :

1) No addiction since the amount involved is low and not deposited from own.
2 Less loss since bets are lesser.
3) Ability to understand betting system much better with small bets.
and top of all these 4) No pressure of chasing losses since they were very small.
They said practice makes you perfect and it's good to see faucets are here to help the gamblers achieve their wish to try. With faucets a gambler will not think of the risk as he just exert more effort to collect faucet and hope it will win, the chance is low but it's risk free.
929  Economy / Services / Re: Komodo Signature and Avatar Campaign | Member - Legendary on: November 18, 2016, 12:01:31 PM

KMD Price

We know what the exchange rate is after the ICO is over. It depends on how much capital we raise in the ICO.



Timeline

After ICO we can calculate the exchange rate, and it will help everyone to make the choice between BTC and KMD payout.

Two days after the ICO end, the final sheet of eligibility will be ready. From that sheet you can check that your information is correct, and the payment amount is correct.

Then we will start collecting the preferred payment method info, and BTC/KMD addresses. More info will come at that day. Collecting the payment info of 250 participants will take some time.

We will send out the payments (also BTC) about the same time we distribute the KMD to investors. That will happen ~2 weeks after the ICO.

--> Review your info 2 days after ICO
--> Submit your payment method
--> Expect to get your payment ~2 weeks after the ICO

This signature campaign ends on Sunday 3PM UTC (at the same time the ICO ends).

Thanks everyone, enjoy the last day of our campaign!
Now, everyone should not worry now. OP just announce the real timeline for everyone.. 2 weeks after the ICO for payment of the sig campaign is quite reasonable considering the total participants to be reviewed. Let's hope for the best for KOMODO, and good luck to this project.
930  Economy / Economics / Re: What do you guess about he future of bitcoin? on: November 18, 2016, 07:50:56 AM
While i do believe bitcoin does have an amazing future it has as well several upgrades to be made, and several others solutions that must be handled on the next years as the famous question of when all bitcoins will be mined, how to keep the hash and security level at bitcoin.

There is no problem when the bitcoins will be all mined it will just going to keep on circulating in the market and besides before it happens that will be long time so don't think about it yet. The security level of bitcoin will remain intact and strong and it shouldn't be upgraded since it is already as good as its early days until today.
That would be the start of our happiness then since the supply is already mined and we have a chance that our holdings will increase it's value. Although it's going to be a long wait but it will definitely happen and we should be ready for that time and we have to invest now, it's not too late yet.
I am agree with you friend, if bitcoin will be all mined, it is mean the price of bitcoin will not go down significantly, becouse if the number of people who wants bitcoin is bigger than the number of bitcoin, bitcoin price will be up up and up.

But things are still uncertain on that day, its either all of us will stick to bitcoin or not. Because that given time for bitcoin to be mined all of its quantity will be long time so us will look for some other profitable things or new project that can make bitcoin shrink. But I guess many are doing that but still no other project can make that to bitcoin.
In reality it's really uncertain that's why there's risk here in bitcoin. Since the supply is limited and the demand is increasing I am seeing a good price increase, I would not anymore look for another possibilities to happen because I am too convince with my reasoning and that is the basis of my prediction.
931  Economy / Economics / Re: Reason why you should Buy bitcoin now on: November 18, 2016, 07:40:27 AM
Because bitcoin growing so fast and now almost recognized on the world, even people now trying for accept on business and salary.
Buy now cause bitcoin is future money Cool.
Keep it now and hold for a few year and there you got big deal  Roll Eyes
Bitcoin, has surged from $640 to $720 in the past one week. The digital currency has been exhibiting some promising trends this year, in spite of facing drastic setbacks following multiple hacking incidents. As Bitcoin price continues to rally upwards, the expectations for the digital currency’s performance in the coming year is at an all-time high movement in 2017.my prediction for 2017 is bitcoin will likely trade above $1,000.
Fangus!  That is the best reasoning I've heard.   Momentum is how y'all should play this thing, meaning if the price is going up it nust might keep going up.   I think we on our way to $1000 too.  Jist you wait.  Don't matter if banks slap the blockchain like it was a $10 hoe.  All time high is acommin, the sentiment is there.   Buy now!
That was a huge price jump and I think it could happen this year, my basis is bitcoin is very progressive within this year and all we do now is to hope that it will continue to increase and we will be able to grow our investment. I guess it's not too late to buy and the current price now is just cheap enough for a long term investor.
932  Economy / Economics / Re: Bitcoin Effects on Economically Developing Nations on: November 18, 2016, 06:07:18 AM
IMO, it is about time the government should support bitcoin in the remittance sector, we know that with the support of the government, partnership with banks and other remittance is possible, in such way we can lessen the fee for our remittances.

What worries me in the Developing nations are the politicians are corrupt and they protect the interest of the big businesses and we cannot compete bitcoin under than unfair treatment.
933  Economy / Economics / Re: Bitcoin or gold? on: November 18, 2016, 05:51:41 AM
Bitcoin or gold?

I think both of bitcoin and gold is the best investment, but for security issues, I think gold is better. besides that, if you want a quick profit, bitcoin is the answer which despite having a lot of risks.
Bitcoin have good potential investment.
Bitcoin and gold have their own respective "best case scenarios" for when they should be used as an investment. Gold is used when you're seeking to maintain value and keep your work value on par with inflation, while Bitcoin is a great growth investment and it is amazing for sending money internationally and so. There is no "end all be all" investment.

it is worth remembering that bitcoin still is a riskier investment than gold. if you buy gold you can be sure that price is not going to drop 15-20% overnight. but this can still happen with bitcoin.

but the good news is it can go both ways, which means it can both go down 15-20% or go up the same amount. higher risks bigger rewards.
Your point here is pretty simple to understand, it's just about on how you can manage the risks and how much you can afford to risk. Both are godo investment as we have already seen people or investor who are successful investing, but it's a different way base on the way we manage.
934  Economy / Economics / Re: Currency v Property on: November 18, 2016, 05:46:41 AM
I think right now you are right that people are using bitcoin as an investment mostly right now but I think that is because the price has not stabilized yet. At some point, I think more people will use it as a method of payment or a way to send money.
When a currency is being used for investment for good returns, then the property will get banished over the time when the returns are slowly coming back. This is the promise we are getting from bitcoin ecosystem so we never need to worry about poverty due to lack of currency. Bitcoin will be the right solution but we need to believe into bitcoin to save it for long time.
Actually it depends on how you use your property, if you use it just for a decoration then you will not call it as investment, putting an investment in property is good if you really make it a point that it's gonna produce income. Such property can be use for leasing or renting it and you will be receiving regular income.
935  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: November 18, 2016, 05:40:01 AM
No, it is not possible that any other crypto currency will replace bitcoin, bitcoin is a master crypto currency and people believe on other crypto currency because of bitcoin, without bitcoin no other altcoin will survive and no other crypto currency have the potential to go faster than bitcoin.while another crypto growing , bitcoin itself growing faster it's pretty clear that bitcoin is mother of crypto currency.
I would like to tell you something, do you believe that there forever? If yes then you are being unrealistic, there is not constant in this world except change, even though bitcoin is very promising now but any negative news will deeply affect the market, remember it has died already and recovered.

Altcoins has a potential also and that will only depend on us.
936  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: November 18, 2016, 05:32:01 AM
Actually it is very risky to hold bitcoin for a long time. Why? Because we don't know when the price would goes up or when the price will go down. If you hold your bitcoin and the price of it will fall at bottom well that's very bad, because maybe you will lose it in the future. So better to used it as investments to have more profits and you don't also become worry when the time that bitcoin would fall.
The clear thing about hold bitcoin in this day, if you have seen about any calculate if the halving of bitcoin will happen every 4 years. this can become a good point for us for hold the bitcoin long term. You don't need to feel worried but you must use your brain for searching and analyze more about bitcoin if you will be going to hold them.
Holding bitcoins is the most effective way to treat your investment, since bitcoin is very progressive and people are coming in to adopt with the system it will continue to grow in the future. We just have to ensure that our faith with bitcoin is strong enough so we will not panic when something bad happens.
937  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 18, 2016, 04:44:55 AM
Instead of bitcoin replacing the dollar, it can just be an alternative to it. The dollar has established itself as the universal currency, so to speak. If for some reason people find that the dollar loses much of its value, I am sure people are going to search for alternatives, much like what the Chinese are doing because of the devaluation happening with the yuan currency.
That's should a person should think, it has to be realistic because we can never replace dollar with our bitcoin. We are beating the big country to make that happen and we do not have that kind of power while the government has the power to ban bitcoins.
938  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 18, 2016, 04:29:07 AM
Yes bitcoin is used all over the world but only a few thousand in every country if bitcoin wants to become a global currency i think is should be used by 1/4 or half the human population.
yes that is a fact that bitcoin is almost using all the countries of the world therefore to me bitcoin is alread a global currency. more and more  people of the world are entering in the filed of bitcoin and making bitcoin becoming more and more stringle
Although we know that it was use in different countries but the level of exposure is not that big, imagine that in the over all total of bitcoin users is just 1% of the total world population, that already explains a lot. As a supported, we need to make an effort to reach massive adoption as much as possible.
939  Economy / Economics / Re: Do you Still believe in Fiat? on: November 18, 2016, 04:24:05 AM
I believe in the Fiat. Yes, this currency is not as valuable as the Bitcoin. But I realize the purchase was for a centralized currency. It will still be used for a long time
you are right that fiat is long time useful currrency because we can be used fiat for direct shopping in local shopping mall and i also think that fiat will be survive for always and it will be never finish.
It survives as long as a government survives. The fiat experiment has been mainly performed over the last century, since we left the gold standard and look towards other forms of money, in this case fiat. Fiat money is a rare occurrence throughout history, and hasn't really worked from what we see. Fiat will exist only as long as the empires that issue it.

I don't really agree that fiat is not as valuable as bitcoin. With how people depend on fiat, right now it's value is not on the same level as bitcoin or any crypto. Fiat is a necessity and is being used pretty much by all as not everyone can have access to crypto
yes to me also fiat still not lost its value, as still majority of the people are still using fiat as 1% of people still do not know about bitcoin, therefore fiat still cannot lose its importance.
Exactly, majority of the people are still using fiat and even the whales in bitcoin are still using it. Bitcoin is just something we can use for online transaction but if you try to see the big picture, it will not exist without fiat. When fiat is down, it's affected.
940  Economy / Economics / Re: Should I believe in Bitcoin ? on: November 18, 2016, 04:17:30 AM
Well, if people believe in fiat, which is controlled by central authorities and has a high inflation rate, I see no reason to stop trusting Bitcoin, which is the opposite of all this.

Besides that, it depends on someones mentality if what kind of a person he is or what kind of a thinking he has, if someone likes profits or being anonymous he would probably trust bitcoin, while if someone is a strong believer of governments and other authorities he would have some problems believing on bitcoin as you said these two things are totally opposite of each other.

i think if someone can make money with bitcoin, then that person will believe in bitcoin and that person will continue for what he believe and not stop no matter how hard to get survive. and the bitcoin itself is really a good chance for us to make real money and for me, i do believe in bitcoin and still believe until now and tomorrow as long as i can make money with bitcoin itself.
That's true, I believe in bitcoin because I am feeling it's benefit. I was able to make money here because there's a lot of opportunity to do it. I even think that i better live in the crypto world because here it is base on your performance compared to real job where there's politics sometimes.
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