I'm sure people still believe in fiat, because we still use fiat for buying something in real life using fiat. Without fiat we can't buy shit. That's why people still believe in fiat, even the digital money come like bitcoin and paypal. Fiat will still survive.
That's a sure thing because if we are not going to believe fiat then what do you think is the medium that we need to use in able to survive for our daily lives for buying and selling the things that we need? Unless you are living in a jungle and you don't need fiat for surviving there then your faith in fiat will surely be gone. However technology gets to move forward with updates and developments fiat continue to be used by at least a small group of people at some corner of the world. In my view fiat is the basis for financial system, so replacing or quitting its use is not at all possible. Till money is valued fiat will be valued. Yes, even though the technology is keep on its progress and innovation together its upgrade with the financial system, still the fiat will be used wherever we are in this world. Unless you are living in a society where all the people are using bitcoins, that's the only possible thing that bitcoin will replace fiat for being used by the people as main currency. |
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I think more and more of the bigger and better porn sites will start using bitcoins as a form of transactions since ita quick money thst transfers fast and let's people spend it on all sorts of subscriptions. Adding a bonus for using bitcoin might be a nice touch as well.
They don't need to do add some bonus, they are not promoting any of their service as they know porn is one of the biggest industry worldwide. By just simply accepting and adopting payment through bitcoins is already a bonus to those people who are using their services and doesn't want to get traced by the wives.  |
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Bitcoin is an incredibly wise asset to invest in right now.
Bitcoin is a great investment because it's worth over $800 per coin despite still relatively being in its infancy. The potential is huge & you could today pay $600 for 1 coin which could be worth 10 x that in 5-10 years, maybe more.
I guess you need to see an update regarding the price of bitcoin now. The coin is now valued $895 and it is close to $900. So for those people who believed and invest with this coin earlier, they are ones who are going to make their Christmas very merry. And this is the best thing in bitcoin, by just letting it sleep in your cold storage, you can get profit. |
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Summer 2012. Diablo 3. I bought in game gold with bitcoin @ $3/btc - Spent 90 coins for 500 million in game gold.
IGG = 35 cents / million now.
I lose.
/wrist
That's sad man. If you still had those 90 bitcoins you would be something around 60k richer by now. However you can't turn back time so I guess instead of grieving about it, move on and try make it back  We don't know what will happen with bitcoin even if I'm the one with has a lot of bitcoins way back then. I will just use it until it will go to zero value at all. But it seems that people are seeing the great potential of bitcoin and makes the price to keep on pumping. And my worst decision in bitcoin I guess I didn't listen to my classmate way back 2013, that this coin is going to be hype in the future which is now happening. |
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I just want to know why ETH is on the number 1 list of yours? Why not bitcoin? Most of us will pick bitcoin as the number one coin and it is a majority picked and there's no doubt about that. But you got a really good pick and it looks like that you are holding a lot of ETH, I guess. But it is affected by bitcoins increase, right? And still you are forgetting some promising coins either, such as KMD, Waves, Lisk.
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lets mine some zcash,hahahaha
Are you dumping litecoins for Zcash? I guess he is just trolling around and for sure he is going to mine some litecoins very soon. So the billionnaire (a guy that has a portfolio of at least 1 000 000 000$) is the guy with the cap on the chair ? Also, for a bilionnaire buying so few ASICs is not a big deal. No offense to you, but I don't understand what is the link between the pictures and what you've been saying.
Maybe he is the billionaire who op has been referring and the guy that has been censored with the troll face basically his secretary. If this is for real then I am going to get back to litecoins now for I've already dumped most of it. |
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I think this easy, teenagers or children must have sophisticated gadgets, we recommend this forum then they will learn a lot about bitcoin. Perhaps we initially you know, then let them read a lot and ask if they don't understand.
I don't think dragging them here in forum is going to be that effective. Better to explain all the basic things that they can gain from you. Just let them know how does bitcoin works, how to earn and what are the things that can be bought with bitcoin. Just teach them all the good and legal things in bitcoin, and when they grow old and that's the right time to teach them what they need to avoid such as gambling. |
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No I do not think that we need something like that because of the fact that its something that is not needed for us right now.
With the fast pace of technology, we may say now that we don't need it but I guess when the right time comes. We don't have choice when those banks are going to adopt the usage of bitcoin with their system. But as of now we don't need to think about that for that will be a long debate in the congress of a country that will allow that to happen. Banks will not adopt Bitcoin as in them offering you a Bitcoin bank account where you can deposit and withdraw coins. What I however can see happening at some point, is that they offer a feature to trade Bitcoin via a stock-like manner. It's you buying and selling Bitcoin, but without the ability of actually depositing and withdrawing Bitcoin. It's perhaps an extreme example, but I can't think of any other ways of seeing banks jump into Bitcoin. Not that they wouldn't see anything in it, but just because of the government keeping them under tight control. I guess as long as the bank is there, everything that can be offered by those banks who will adopt bitcoin will be applicable. Even though that there are third party sites that are offering this already still the bank is good to do it deposit and withdraw coins just like the usual way of doing it with fiat money. But I guess many will just use the loaning service of banks instead of deposit and withdrawal. |
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I invest my bitcoins or my fiat money on altcoin trading to have a chance to grow it faster rather than investing it on a hyip or any investment sites out there because most of them are not trusted and there is a chance that just after a few weeks they will turn to scam and that's not good because your hard earned money will be pop out like a bubble if you are not smart in using or investing it.
Hyips are really in truth gambling. You gamble whether the HYIP site will run or not before you reach ROI of 100%. Which in truth does not usually reach 100%. They run before a majority of their customers get 100% roi. So avoid HYIPs as much as possible. Investing in alt coins is no sure way to make money to. Unless you know what you are doing, like Sled here, you could try altcoin trading. Not just most of them are not trust, but all of them cannot be trusted at all. I can say that investing in alt coins if you have that daily profit of $40 is much better than putting it on something else which are not even trusted at all. You can make more money with alt coins if you just know how the market moves and you are monitoring the alt coins you have bought. |
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-snip-
Wait, remember that there is no safe way in gambling and as well as in investment. Everything that has the risk but just like ethereumhunter said, we can reduce the risk of losing in gambling and as well as in any type of investment. And I can say that by applying the knowledge that we have is going to be a good tool for it. |
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When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
I prefer to play it again because if you play with half of your money and loseit's just a waste of your time, even if your initial money is not lost If you're playing it for fun, then one should take out your profit and play with your initial amount because at the end everyone going to lose money and the only house is going win. So if you take out that profit then you can use it for next round to enjoy your free time otherwise soon or later you will lose all your money. Just like what others believe, "you don't gamble to win but you gamble so you can gamble for the next day." But for me it is better if you will going to withdraw your capital and just play with your profit. So that whenever you will lose, you are going to lose nothing but your profit or else you will lose everything if you will not have a wise decision. That method does not work if you aim to have a bigger wins, the method I use is when I do sports betting, I set up a bankroll that I will use for the entire season of the game that I choose. I make sure that this specific amount will be properly manage by me so this will last and I can still enjoy gambling more, normally at the end of the season when I am on profit, I just earn at least 100% which makes me satisfied already. Now, if you do not have a good bankroll, you will not be satisfied maybe. What if you have BTC0.01 and you double it in 6 months, sounds like a waste of time right, so be sure you put a decent amount as your bankroll if you want to earn bigger. At least that is being realistic in gambling. Your strategy is quite good enough and I have read a lot of people has been doing that. But with my way I can't even set a certain bankroll for the entire season that's why every time I win that's the right time to use it as my bankroll. So if I will be lucky with that profit and make it grow then my funds are secured. |
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When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
I prefer to play it again because if you play with half of your money and loseit's just a waste of your time, even if your initial money is not lost If you're playing it for fun, then one should take out your profit and play with your initial amount because at the end everyone going to lose money and the only house is going win. So if you take out that profit then you can use it for next round to enjoy your free time otherwise soon or later you will lose all your money. Just like what others believe, "you don't gamble to win but you gamble so you can gamble for the next day." But for me it is better if you will going to withdraw your capital and just play with your profit. So that whenever you will lose, you are going to lose nothing but your profit or else you will lose everything if you will not have a wise decision. |
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Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.
It will however some people dont realize that it is for long term as well as that the casino have a steady amount that needs to be wagered on daily basis thats one condition that most people left out . If there are no one that gambles on the site then it is impossible for you to get profit. Everything does have risk, but do you not think before doing something.?.? . as with any other investment ... before we decide on something then we will see what we can get and if it has things that are safe for us to do (investment). So if we make investments must have been clear that it gives an advantage to us.So the investment was better and we can get better profits than the others There is no such investments that can give us advantage, it is just going to depend on you on how broad is the knowledge you have before entering that investment. And that's the way that you can have an advantage for that investment. And always remember that all investments are risky so if you don't want to take risk and you are just always looking for advantage then you don't have a chance to grow. Learn to diversify, thats the key to a solid investment. No matter how good an investment is if you dont diversify then you are risking everything in just one thing. Atleast thats what people say, however sometimes going all in to 1 trusted investment could be a good thing as well i was able to catch this when psb still on its ico almost all of my earnings from faucets and campaign i invested it and luckily when psb went to cryptopia the value really went to a big hype from 334sat to 10k sat luckily i was able to liquidate 70% of my invested coin and earn a lot. That's good to know that you are able to get profit mostly from nothing. I feel sorry that I didn't able to invest with psb way back then while it is on its ICO time. And with shulio's opinion, there are people who are able to grow their investment for just focusing within a single investment but there are others who attain to manage a lot of it. It will also depend on the investor on how he can handle investments. |
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Steam is accepting indeed already for a while and I cannot say its really changing it or popular, I think that it will also not affect it in the future.
Nope it did not change a lot what is pretty funny to do, on the other hand steam is not really saying they are doing it they never said a lot about it actually. That is because steam doesn't really push the usage of bitcoin for their players for purchasing their items and games. And that's why they are not promoting to their players to use bitcoins for paying or else they are thinking that bitcoin will be exposed too much if they are going to endorse that freely, we may not see the effect now but I guess for a year or two we can. |
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No I do not think that we need something like that because of the fact that its something that is not needed for us right now.
With the fast pace of technology, we may say now that we don't need it but I guess when the right time comes. We don't have choice when those banks are going to adopt the usage of bitcoin with their system. But as of now we don't need to think about that for that will be a long debate in the congress of a country that will allow that to happen. |
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Teenegers are smart enough to understand bitcoin, I think learning by doing is the best for them. Just give them bitcoin, they will find the way how to use it.
yeah, Professional teenagers do have a lot of skill to learn quickly, but did they have paid dearly I agree but I do not think that we should just give them it, they have to some how earn it. I think we are not spoiling them if we are going to give them not whole bitcoin but maybe mBTC. That's way better as we know teenagers are conscious enough and they wants to learn a lot of things because of their curiosity stage. And if we will give them a lot of bitcoins it can be possibly wasted, still we need to guide them step by step no matter how knowledgeable they are. |
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The loss of bet will make people addict this gambling. You are right people will lose money in gambling, and they will chase that to gain back, but the result is a corresponding loss. Here controlling your emotions in play is very important, if you can not control your emotions, you will quickly addict to this gambling.
Unfortunately, winning in gambling also makes people addict with it. If everyone realize that there will be no possibility of making profits from gambling then no one will continue it. They will simply quit. But there are some people with big faith on gambling to make big profits from it. That is the reason they continue with it either to recover their losses or to double their bankroll. But addiction only is the final achievement. I agree with your statement. It's not just losing your money; it's also the thrill, the possibility of winning. When you think you can win, you should go for it, but if you are scared that you'll just lose money if you bet on it, you should trust your gut and STOP. It will only make things worse than already is. And every time a person get's more win, that is making them confident that for their next time they will gamble, they think that will win again. So instead of stopping, that is making them more to pursue their own instinct that they will win again and that's making them addicted for believing themselves that they are lucky enough. |
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Yes we can manipulate the price of bitcoin only when we large amount of bitcoin, bitcoin are not being controlled by one person there are many person who are operating it daily it is nothing trading. Daily we are hearing many good news regarding bitcoin technology are being tested some governments that is big jump to bitcoin holders. But bitcoin is a decentralized currency it should not be manipulate by one person. So it will have good future.
Basically those people you are talking that has large volume of bitcoins are the whales in bitcoin economy. But for being a normal bitcoin user and holder you can't manipulate the price of bitcoin unless you are part of a group that has a lot of members and do the same transaction like buying at the same time, then you are a considered as manipulator. |
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Many people are using bitcoin wisely only few of them are not using properly. For every coin we have both head and tail in this way bitcoin has both shades of energy, many people are holding the bitcoin for their future returns, but where as some people are using to deal with drugs, ponzi sites, for porn etc.
As long as bitcoin does have value in the market are going to use it for whatever purpose they want. And we are going to decide if we are going to get ourselves involve to illegal things but the best thing is to avoid those type of transactions and usage of bitcoin. Better to use bitcoin just like a normal citizen and using it for our good. |
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The advantages from the bitcoin is that you can use it everywhere and its also just a nice currency to use for payments, its easy and fast.
Bitcoin is the best for all the internet currencies and easy to transact and it is anonymous that the receiver will not knos your information not like putting credit card info to the website before you can buy items. You forgot one of the best thing about bitcoin, for each transaction that we make the fees are cheaper than the usual transaction fees we have used before. And also one of the advantage of bitcoin now is many merchants are already accepting bitcoin even though they are still in the process of adoption and adjustment still that's a good advantage for us who uses it. |
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