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9381  Other / Off-topic / Re: When is it useful to borrow bitcoin? on: October 11, 2016, 03:31:45 AM
When one think of borrowing bitcoin, he needs a scheduled plan to retain a profit to repay the interest for the borrowed amount. If this doesn't work he should have an alternate plan to pay it back else borrower is the sufferer.

Indeed the scary part about borrowing is you don't have that money else you wouldn't borrow and you need to pay that money back plus more so without a plan you can fail and failing means losing a lot of money most likely since rent will stack up on it.

That is why I don't find borrowing is very helpful to me. Because I'm thinking the negative part of it, even though I can say that I'm able to pay the whole borrowed bitcoin plus the interest rate. But still I don't want to see people earning with my bitcoins by just lending it to me. I don't know, that is what I'm feeling.

There are really people  dont  like to borrow  money  even  if they have  the capability to repay it in no time, it depends on their  mindset and  feeling . In your case  you  just dont  want other  people  to earn bitcoin then you are selfish  somehow. lol.  But there are really times  that  we should need to borrow  especially on emergency situations.
9382  Alternate cryptocurrencies / Altcoin Discussion / Re: It's all one big scam people... Monero dead now. on: October 11, 2016, 03:29:09 AM
Even those who crashed in late can still make some decent profit if they are willing to wait for like a year.
The thing about coins is that they all have peak periods, the gap between these peak periods is what freaks out lots of traders.

You are right! All of the coins has a peak price which is really high price! that could brought us a lot of profits but after that big dump happens and following is a stable price! Small pumping and big dumping which is you can earn also profit on that but not really big.

Its just a normal thing for a crypto  to pump and  dump  big time and for sure  to those people who engage on it  on earlier time  have make decent  profits compare to those  who  bought  on  peak price then  i assume they  have  lose  such amounts and  we  cant really avoid this things on  crypto world  trading.
9383  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: October 11, 2016, 03:25:06 AM
Price always matters because with a low price I will not be here and we cannot attract potential adopters.
Correct bitcoin price matters a lot, we are always looking for the higher price because it would gives lot of profit in our investments and also it good to spend higher value of bitcoin.

Price is very important. Drops prices provide an opportunity to trade. The growth of prices for Bitcoin gives you the opportunity to invest for the long term

how would you determine the growth of bitcoin and would like to know what motivates you to invest in bitcoin for long term, i would say the price of the coin is important to the echo system to keep this evolving
yeah to echo his own system of bitcoin bitcoin then the price would be in need. not possible if commodity prices do not have any at all, of course there will be no one who will invest. and it is impossible if the currency does not have a rate, naturally there will be no one who will use it so the price will be very important


Who would  gonna be like  to invest  to a certain thing if  doesnt  have any value/price? for sure no one  would intend to do that  because  its  just  like suicide on your money.  Bitcoin price does  really matter  because  many investors  and  users of bitcoin is  always after it  to make  profits.
9384  Economy / Gambling / Re: Bitdouble.io | Awesome social gambling game | Provably fair | 0.025 mBit faucet on: October 11, 2016, 02:41:23 AM
I've gambled on this site for 2-3 days so far, and I like it. The concept reminds me of CSGODouble.
I've had several large wins, and I've already made a name out of myself on the site.

Even though I hit green with a 2 mbtc bet, I still made larger bets, which I don't see you've posted, but oh well.

I've wagered around 3BTC on this site so far. I've had large wins, where the largest was a 20 mbtc bet on green.
I've also had huge losses, where I've lost huge bets on both red and black.

It's gambling, like any other gambling. It just makes the gambling more entertaining.
I can confirm this user is telling the truth. He will be making some youtube videos for the site as well.

I second,  this  person do make huge betting and do hit green   sometimes which could make  his  bet x14  but  i also witness that this person  lose bigtime but still hes profitable quite enough  on this  game and also  hes a new player with some  luck Cheesy
9385  Economy / Gambling / Re: Bitdouble.io | Awesome social gambling game | Provably fair | 0.025 mBit faucet on: October 10, 2016, 12:37:27 PM
We have fixed the chat, now delays will be depending on your rank on the site.

3 seconds for VIPs 2 level and higher
5 sec for VIP-1
10 seconds for all other

Thanks  admin for the adjustments regarding on chat  limit because most user do have complain about these. To all who have  reacted  on regarding  on chat  limits  now  you could able  to prefer  on  what  vip rank you have. The higher  rank the lesser  the  time  limit. Thanks for this.
9386  Economy / Services / Re: [OPENLEDGER-Incent ICO] Signature Campaign - Earn upto 0.0011btc/post (FULL) on: October 09, 2016, 10:13:47 AM
Post counting for this round has started.

Will update this post when done.

Im recieving  now my campaign salary. Thanks  Avirunes .
9387  Economy / Gambling discussion / Re: Gambling addiction. on: October 09, 2016, 05:53:45 AM
Why is someone get addicted to gambling once he gamble ?
I think that people become addicted to gambling when they won one time because then they think that they can do it again and again.
They will ply until they win again and this just keeps going and going. It feels nice to know that you have won and leave with full pockets.
You are right but not only winning brings addiction but loosing too is very dangerous and makes us addicted. When we gamble and loose money, we are unhappy and within us a voice says that the next bet will be a winning one. So gambling is dangerous no matter if winning or loosing.

Ther is a fack about gambling on which I believe that an addicted continue to gamble if he continuously win and when he continuously lose then he one day leave it and if someone goes in mid then he will lose his time and money.
Gamblers with an addiction in gambling do gamble most of the time, and if he win he will still lose it in the end. Maybe that problem will continue unless he stop in gambling, the only solution I can see is just to let him learn the hard way and that is when bankruptcy happens to him.

They wont  stop unless if they experience total  loss of  money  or  bankruptcy especially to the situation when  you dont  have any  money to spend to do gambling and  they already compromise   other things  like their  financial status then for sure he would realize it  and   able to  stop completely.
9388  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: October 09, 2016, 05:49:57 AM
first things first,gambling itself is not a smart move,most or all gambling is luck based,in sports betting there is fifty percent chance that you win the bet if you carefully follow the sport,dice and roulette is sheer luck,there is no specific way and if someone knows the trick he will keep it for himself. Smiley
yeah , but in gambling your knowledge and trick will not work if you crossed your house edge profit in the gambling site . here it is important to mention and to know that every site has its house edge profit limit . if we get that profit then we should cashout our gambling btc .


True, and most of us are havig a hard to do that one because we are feeling the hype instead and gets more greedy so in the end we end up losing the  profits from the house instead

Most of gamblers  do  have these problems  when they are already experiencing winning streaks  or even   to hit jackpots they would  still keep on playing   instead of stopping  because as you said greediness would  push  or  pursue  you to bet even more  and aiming for more  profits but casinos are not charity that always  give  money thats why gamblers  losses on the long run. Theres no smart way on playing gambling.
9389  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: October 09, 2016, 05:44:25 AM
to me gambling is some thing different from trading, trading is less risky than gambling, gambling is totally a game of luck while in trading you must have good knowledge about the product and must have good trading skill.

I do not think its less more risky because in my eyes it stays almost even risky to do, gambling is very risky if you are asking me, it has maybe some more options so maybe a little less more risky but its stays almost the same in my eyes..

But you understood wrongly because gambling is not for making money and just to have a fun so there is not point that it is risky unless you use gambling to make a profit then it is very risky. If you have some skills and go for long trades then it is more safer to make a money from trading. Both are different if you use it correctly.
In overall that is really what gambling are suppose to be, it is very hard to win here in the long run as in the first place most of us does not have a decent bankroll to start, let us take for example sports betting as people said it can be learn and strategy would work but there are a lot of factors to be considered and one of that is the bankroll.

Having  enough  bankroll would  be the  one of the most  important thing when you intend to gamble  because    you could  easily adjust   the  amount of bet and desired amount of  possible winning  outcomes. The  more you risk the  more you profit but still dont  forget that you would   also lose that amount. Trading is also called  gambling  in terms of money  oyu risk but you could somehow  lessen the risk if you  trade smartly.
9390  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: October 09, 2016, 05:32:50 AM
I don't want that happen because I have 0.01btc i know this is not much amount but my friends are having  10 to 12 bitcoin so if bitcoin gets banned then all there money would get e waste. and they could become poor from middle class which they could never recover.

Theres nothing to worry about  hence  they could  still use  their bitcoin and  those  coins are on their  possesions as long  no one knows the keys  they cant stole  it . If it banned  globally then  for sure there would  be  underground situations or transactions  would  happen and  that time  bitcoin anonimity would be a big help.
9391  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: October 09, 2016, 05:27:34 AM
If bitcoin will be stable price someday traders will will stop trading and investors will go out because they are not making profit anymore and i think bitcoin still not so popular as of now.
definitely true,so many traders are into bitcoin because of the unstable price that could give them profit rather than trading fiat that's sometimes stable for a long time,and i think there's so many traders that could take advantage of this unstable price and if the price were stable they will get away from it because it's not profitable anymore to stay here and seeking for another alternative for better earning
And they are just doing right since we are in the early phase and that helps a lot of the increase of demand of bitcoin. When the price increases more people will be attracted to adopt and that is why we are growing bigger now as a community.
Yeah Im agree with it and according to my research bitcoins have more buyers than the seller and base of my understanding they are more people adopt bitcoins now.What do you think
I do not think it would be popular or more new users will adopt bitcoin since the price of bitcoin is stable, bitcoin are popular because investors see the potential income due to its price fluctuation.
You have to think outside the box dude, the price nowadays is not stable that is why it is popular to the investors and traders alone however in the future if the price will be stable it will be popular to the online merchant and the shoppers, so if you will analyze the bigger popular are from those who spend online.
You have a point if bitcoin price would somehow stable then it would be  used  by some  online merchants and shoppers but still fiat currency would  be its  contender  which is   very hard   because  people would still intend to  use fiat regarding  on  online purchase  rather than bitcoin because  not all knows  bitcoin as well.
9392  Economy / Gambling / Re: Bitdouble.io | Awesome social gambling game | Provably fair | 0.025 mBit faucet on: October 09, 2016, 02:10:17 AM
today anonymous big winner , I can not believe how lucky is this guy.  Shocked



Very  lucky guy, he hit  the green  which gave  him  the  winning of 28 mbtc, thats what i like  on bitdouble io  because   of the possibility of hitting  green though it has  small chance.
9393  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: October 08, 2016, 02:24:14 AM
I did not store all my money into bitcoin. Because we all
know that bitcoin is a volatile price. So its a wise enough
that we should not put all our investment into bitcoin. Thus,
its a really risks to trust your money all into bitcoin.

And that is not a good idea.

There are other more ways to earn while taking advantage in the price fluctuations in bitcoin. So just put some portion of the money in bitcoin and make rooms for others too for regular earnings purposes.
i wonder who holding bitcoin without have fiat money, i guess noone.
so put the whole money to bitcoin is not really necsessary , as put half of your money more than enough.
bitcoin is a good long term investment , if you put all money to bitcoin hard to live for now.

Yes and to be able to get profits just by holding bitcoin, people needs to wait for more time as price fluctuates much. So how's the deal with other spendings if they will just rely on bitcoin alone which they didn't know when is the right time to sold their hold coins?

So another source of income or earnings must take placed while waiting for their "right time" in bitcoin.


Yes if you are investing the full amount its gonna be a hard time because you also need to pay monthly things and how do you even pay them than.
If you are investing all your money into the bitcoin you most likely also are fully into it.

You would surely compromise many things  if you intend to  put all of your assets  on bitcoin. As you said  how would you  pay your bills, buy your daily needs  if  you dont have  money anymore because you put it into  bitcoin.  For  me i wont do such thing because  its a risky thing to do and  if   i would  put  money  maybe 10% would  be  enough already.
9394  Economy / Gambling discussion / Re: How to win gambling with no lose? on: October 08, 2016, 02:20:24 AM
Not possible, you will highly get to the point that you will lose except if you are cheating and that is not cool anymore. You will lose the excitement with that and might end up in jail.
Cheating on  gambling site would  be possible  if theres a  bug  or exploit on the script of a certain  gambling site  but  its also a rare case even to find one of this  situation  because   gambling site owners  wont let this thing  happen because  if  this would exist they would surely lose  huge amounts. Gambling is  designed for entertainment and  if  you intend to  play it then expect you would  suffer loss.
9395  Other / Off-topic / Re: When is it useful to borrow bitcoin? on: October 08, 2016, 02:16:53 AM
If you have an idea for a possible productive opportunity which you think you can make a reality then taking a small loan may be justified unfortunately most of the loans in the forum are for gambling and stuff like that.

There are people who taking out long term loans for business purposes. This is an example of a good purposes that a borrower do.

But for gambling purposes which the output is not that clear then that is really a shit if people will borrow just for that even for a small amount.

Those  kind  of  borrowing money  would be  very  useful and  wise thing to do  because you use  it for business purposes  and   you could able to gain  profit with it. Borrowing money for the sake  of gambling  then  as you said  its really a shit  thing to do and you make  yourself   put  into a big problem in the future,
Yeah and the problem is widespread, I do not go to the lending sub forum that much but out of curiosity I saw some threads and a lot of users asking for a loan are doing it for gambling purposes.

Borrowing money  for  gambling is  not  a good idea on  any way because   it would  put  you  into  deep debt  on  long run especially when you are using it for  gambling  and    as we all know that gambling would  definitely lose up  our  money and doesnt guarantee sure profits.

Yeah and I think if the lender is going to ask you and you are going to answer that for sure the lender will going to back off and not going to reply to you anymore. Because why you are going to borrow just for gambling? The chances of winning in gambling is like 1/100 and how you are going to pay that debt if you got lose?
In fact you are mistaken as I have said if you go to the lending sub forum you will see people asking for loans for the explicit reason to gamble that money and they still get the loan if they are offering collateral.

Correct, lenders  would not  mind  if  what purposes  does the  borrower have as  long he has a  good collateral on his loan amount  then  they would surely agree on the   transaction because   no matter  what happens to the  money of the  borrower  the  lender wont  mind at all  since its his responsibility to repay back the  loan amount or else hes collateral would be at risk.
9396  Economy / Economics / Re: What Will it Take For BTC to Reach $1000? on: October 08, 2016, 02:11:48 AM
For Bitcoin to reach 1000$, it needs improvements. Besides improvements, it needs more whales to invest in it and a low supply in my opinion. The improvement they need to implement for it to reach 1000$ I think is the transaction confirmation time since sometimes, it is slow and delayed. If it is lightning fast, it would attract more whales to invest in bitcoin and it will cause a price rise.
yeah i think it needs a lot of things that must be prepared for bitcoin prices could rise to $ 1,000 back, I do not want prices to rise quickly and fall very quickly as well, such as a few years ago, I would like bitcoin prices could stabilize in the $ 1000 price
It would really need  high  adoption on bitcoin  in able to  increase its price to $1k price point . Same as yours i dont like to see price of bitcoin rise  quickly because  the  intence of  falling  back is also there . Its better to  increase gradually  and  lets wait  for bitcoin to improve more in  the future. As long there are  bitcoin users  , this would surely improve more in the long run.
9397  Other / Off-topic / Re: Would u still use Bitcoin if u were a USD multi millionaire? on: October 08, 2016, 01:39:03 AM
If u were a USD multimillionaire, say right now, immediately, would u still use Bitcoin or would u ignore it?

What would u do? What would ur plans be?

~CfA~

If  im  a millionaire i would   sure put some of money  on bitcoin because i  believe  on its  potential to  grow more in the future and   making and securing  sure profits but still i wont  risk all of  my assets because  theres no guarantee  on  future on  what would happen. If im  millionaire  i would diversify  my money  on  any  investments either on  online  or physical world.
9398  Other / Beginners & Help / Re: Starting a Signature-Ad Campaign on: October 08, 2016, 01:36:17 AM
You can contact some experienced campaign's managers like Yahoo and other ones, they will help you to running your signature campaign. Use an escrow as well to encourage members to join your campaign

I would  like to recommend  yahoo  as  a  signature campaign manager since hes doing good  on  handling  sig campaigns, i know there are  lots  of  manager  but  mostly i joined  his  campaigns  that he managed. Others said that you must  escrow the funds  so that  participants  would  be interested to  join in your campaign. There are no requirements  on  running a sig campaign as long  you  have  the  important things  like funds, codes, etc.
9399  Economy / Gambling / Re: Bitdouble.io | Awesome social gambling game | Provably fair | 0.025 mBit faucet on: October 08, 2016, 12:32:07 AM
I have seen green 0 come thrice in a row before, and I was lucky to bet on 0 two times in a row and manage to double my deposit Cheesy

Wow, you are very lucky on that day mate since green  color  or  0 is very rare to come out and  you experience and saw 3x 0 which is  very good time to bet but well we dont  know when 0 would come out because   it has a small chance in every roll but still its  worth  if you hit it  because  of  sure multiplied profit. Just bet on amount you can afford to lose  anyway.
9400  Economy / Trading Discussion / Re: Do you use a bot for trading? on: October 07, 2016, 01:40:42 AM
Dont even  heard about it   about trading bots  but  if those thing  exist i would not  mind to use it because its  better  to do it manually  because you could  observe the price movement correctly and  no bot  can decide  which is the best time to  buy or sell but  yourself only.
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