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9541  Economy / Gambling discussion / Re: Why we still gambling while we always lose? on: August 18, 2017, 01:33:50 PM
It's because gambling is like a drugs addict, it's really hard to forget and stop from gambling even we lose so much money and always lose all your money in the end but i keep coming back. I also don't know why it is so hard to stop on gambling, maybe because i don't have any activity in real life and only stay on my pc 24 hours.
Even I am not consider myself addicted to gambling, I keep on trying because it is kind of fun because achieving something which are unable to others must be giving very big satisfaction. I want to do something different that is the reason I want to crack profits from gambling. I know it is almost impossible but only by God's sake I may get chances to find some new methods to get profits from gambling.

I believe most of the gamblers here are having some reasons to continue gambling. Only if I wish, I will go for gambling and if I do not want then I will not gamble. That is the reason I call myself not addicted to gambling still I prefer gambling even it gives only losses most of the times.
Sorry to say, but you can also get addicted to fun and in this sort of fun, there is a risk that you may end up facing a lot of troubles. That is why I do not want to fill your head with wrong ideas. Gambling is done for the sake of money and in gambling world it is just about money.

You say it is fun for you but you still seek profit in it. Giving up on it will get difficult from here onwards for you for sure. I suggest you quitting because you do not have gambling charm.
9542  Economy / Gambling discussion / Re: Trading vs Gambling on: August 18, 2017, 06:52:56 AM
If you're lucky never try trading and enjoy your big profit as a gambler, but if you're not ! you better have to start learning and studying about trading !

You explain very well, but how we recognize that we are lucky or not?
So better to do both of them, because now bitcoin give us change to do trading and also gambling. But gambling mostly suit for owners of the casinos, because they could earn but as a gamble we face many time lose. Then in this way, trading has another way, where we learn first time and every time we could earn from trading with a less lose.   
Yes we will never know whether we are lucky or Not if we do not try it. Therefore we just try both. After a while, we see and feel the results, which one is better for us? If trading, do trading, if Gambling, do gambling.
Let us get a dive a little deeper into this topic. Trading is less risky than gambling. Gambling is a pure luck. Traders do analysis and come up with strategies. Trading has given long term profits to countless people while gambling has proved to be good for very few people.

Trading is a respected profession where you really earn success on the basis of patience, skill and hard work but gambling is an entire different story. Moreover it is time saving to choose the right option than trying out all the options.
9543  Other / Off-topic / Re: Young people should go all in on bitcoin on: August 16, 2017, 09:21:39 PM
Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.

Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.

If you are staying with your parents, they probably control everything you do. Including investments.
It will be tough to convince them that you aren't gambling away your money.
There's a high chance that they won't allow you - a teen, to go all in especially we are taking about money. But if they would, it is well monitored and may force some of their opinions on you and on the money you are holding. If they sense that something's not right anymore they'll restrict you and whatever they decide has to be followed.

How much money a regular teenager can have? These kids can't even afford to pay rent or go on a decent date. I was a teenager once and I literally just kept on eating noodles just so I can continue to go to school. I wasn't poor or anything, it just how most people in my age try to save money. We are literally living with nothing and so we have to save everything just to do have some money. If I go all in at a teenage age, that's 100% of my money but absolute wise, there wouldn't be that much money to risk. 100$ might be the most a teenager can have (unless if you guys are rich). And I think investing that much would be such a regret in the future when you've already graduated or have a job.
I do not think so there is anything to regret if you are investing the amount you have mentioned into one's future. Rather I believe it would be a wise move as compared to other teenagers who are wasting their money in useless things. I have got you and agree with you in the regard that teens don not have enough money to invest but whatever savings they have, they should invest them into bitcoins.
9544  Economy / Speculation / Re: Price is increasing too fast, will there be a correction? on: August 12, 2017, 11:17:00 AM
I think correction will be there but after it touch $4000. The way  price doubled in the month of may. Similarly I think the price will simply gonna touch $4500 and then there would be fall to $4000. After that it will keep on fluctuating between $4000-$4500 for a time before touching $5000.
according to momentum yo can predict that but by viewing the past performance we can assume that it's time for a downfall of bitcoin because whenever it rise its price to some than its price fluctuate between that price up or down and than there is a downfall. so, i think its time for the price to fluctuate between $3100 and $3500.
I do not find any supporting reason for correcting back to $3100 from the current levels of $3700 and I am sure prices are moving forward toward $5000 before end of this August and until testing $5000 levels, I guess there will be less possibilities to witness any corrections as raising volume will be supporting prices to reach $5000 levels when some whales decide to take away profits but new investors may cope up them to ensure price keep moving !
9545  Economy / Speculation / Re: Reasons behind this Rise/Bubble? on: August 12, 2017, 10:57:32 AM
Well i am not into Bitcoin news, So need sources from you guys. What has caused this uproar in the price in your opinion? Except for the 1st Aug, Have any country approved bitcoin? except the Japan news. Any positive news in the air which has caused this up rise or its just a simple bubble. If you think this isn't a bubble do let me know why? I need proper sources with your answers. Also do suggest me some good news sources for bitcoins. Thank you.
You cannot ignore what had happened on aug 1. I guess it is more important one when considering approval by any government. Upgrading is a mandatory progress which will make a system more versatile and it will eventually lead to more adoption and legalization. Hence bitcoin has already done the requirements now we can expect more countries to adopt.

So, the current rally of bitcoin prices are just due to upgraded version of bitcoins as it will be capable of scaling more volumes for every block. No more bottlenecks.
9546  Economy / Web Wallets / Re: Good wallet to store USDT ? on: August 12, 2017, 10:41:57 AM
I am trying to minimize my loss with price volatility so searching for good wallet to store my USDT that will give me full control over my funds and they don't have any access to them.

You might be able to store them on a local wallet (probably available at Tether's website), but like any other "fiat storage" it is subject to third party risk. In this case the owner of Tether. If, say, the USA didn't like what Tether is doing, and seized their bank accounts, how much is that USDT going to be worth? It'll dump hard.
I do not think it will be happening. If anything like that happening then tether will come up with new coin namely for example tether2 and your old tether could be exchanged for new one for 1:1 swapping. I guess exchanges also will prefer do this for the funds withheld with them. I believe this is how a decentralized system should work and correct me if I am missing anything with how tether is working.
9547  Economy / Service Discussion / Re: Is Yobit.net Investment Good or Scam? on: August 12, 2017, 10:28:45 AM
btc no longer available for investment at the moment. litecoin available.
If you keep checking there, then probably you may get chances to invest your bitcoins too, when I checked last time I saw opportunities for bitcoins, litecoin, dogecoins and two more altcoins too. I guess yobit provides more such opportunity compared to other similar competitors.

When I tried with liqui's investment programs, all the required funds were filled up already, and I kept checking, but I never got chances to see any available slots.
9548  Economy / Exchanges / Re: Top 10 Cryptocurrency Exchanges in 2017 on: August 12, 2017, 08:45:12 AM

In this article, I have shortlisted some of the best cryptocurrency exchanges in the market. Please read my article from here: https://atozforex.com/news/top-10-cryptocurrency-exchanges-2017/

Suggestions and comments appreciated.  Smiley Wink
1.Stop promoting third party links here.If you want to advertise your blog,use forum ads instead.
2.Stopped reading the article after seeing Coinbase on the list.Worst advice ever.
3.Please stop freely promoting those exchanges when all the do is steal bitcoins and make lives harder of crypto-traders.
On seeing the title, assumed it will be a user generated list of exchanges based on our good and bitter experiences. I just wonder why we are not having list of exchanges and community driven ranking for them ?

This topic is not good so far, but we can take some idea from here to have a discussion topic to list of top exchanges which are concerning traders comfort and conveniences as their high priority through prompt customer relationship.
9549  Economy / Service Discussion / Re: Is there a market for this? on: August 12, 2017, 08:32:16 AM
The only fee charged would be a 0.1% withdrawal fee, all trading volume would be no-fee
It is not sounding as good idea as it seems you are missing out your big income stream.

The usual practice among all exchanges is, charging for each and every trading and then there will be no withdraw fee (otherwise only network fee).

For example if some trader deposits some $100 worth of bitcoins and trades some 10 times and then withdraw only $40, he might have used all your resources but you are not charging anything for his activity but to the amount which might console him after some frustrating experiences.
9550  Economy / Gambling discussion / Re: How do you know whether its your lucky day? on: August 12, 2017, 08:10:56 AM
It's not that foolish though there are the aspiring gamblers or the new ones that just want to know if there's a way to know if luck can determine on a particular day, time or scenario. Relying on luck when you gamble is just happening suddenly as every gambler wants to be at their best shot so it's not that bad to rely with luck but you don't have an idea on when it will come.
No doubt, that gambling is pure luck. But life makes us face the failure in order to make us wise and strong.

Otherwise, we will stuck at one level of growth process. its good to know that today is your lucky day and people with such knowledge like all those weird magicians and astrologers who claim to see the future can be a guidance in this regard. But I dont recommend them.
Give a try and trust whatever happens, happens for some good reason.
9551  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: August 12, 2017, 07:36:28 AM
Personally for me gambling is not wrong. Its just for entertainment and sometimes a hobby. But It will become wrong if you will get addicted to it and use all your save up money judt to gamble.

thats right, gambling is never wrong, gambling is an entertainment and for fun
its wrong if you all money to gamble.
I believe that there are no shortcuts to accomplish your dreams. I think gambling attracts those people who want to enjoy all luxuries of life without putting any effort.

Face the fact, most of the Gamblers end up losing all their money because they think it's an easy way and luck will hit them one day but with the passage of time they get addicted to it. Whether it’s right or wrong, I don't care much but it’s useless and insane for sure.
No doubt, gambling is a shortcut, more of a deception, which many people try out to become rich.

As far as the concern is whether it is right or wrong, I think intentions matter. for instance, at times people lie to their closer ones in order to keep them happy and safe. In case of gambling, many gamblers claim that its for their fun, but if somebody faces defeat again and again then obviously he gets depressed. In this way, whatever the intentions were, it will always produce negative results. So, gambling is wrong.
9552  Economy / Gambling discussion / Re: Open AI Gambling Bot/Discussion on: August 12, 2017, 07:06:44 AM
Talking about dice or other games, no any skill or strategy will work so I don't think using AI for this will make any difference. On the other hand yes card games like poker requires some skill and strategy but majority of time luck plays an important role, so even if AI will play poker or other card games than impact might be way lower than what we might speculate.
There is nothing like magic in this world. everything depends upon how far we can observe predict and analyze. In dice or other such games, its not like that the players play around without giving a thought.

Before making even little decisions like , people think whether they realize it or not. Our brain keeps on thinking and making decisions without us realizing most of them. Nothing is purely luck based. May be I am wrong but I believe AI in this field will also get the winner's tag.
9553  Bitcoin / Bitcoin Discussion / Re: Whether your dream can you buy with the bitcoin you have now? on: August 12, 2017, 05:43:07 AM
Friends did not work when you worked, what is this Bitcoin? When I heard that the poor people were buying a house car then I thought this bitcoin then friends, Bitcoin can earn a lot of money and then started learning Bitcoin work.
Now, like those friends, the dream of a car, I also hope to be filled
Bitcoin is my golden deer.
To dream to just have a car with the help of bitcoins is either the insult of digital gold or dream itself. If a 12 year old can become a millionaire by just BTC, then I think it’s all about how much you trust and incest in this money. I believe at the least it has the power to create a mansion for his sincere owners. It pays you back more than you could have imagined. But, so far this is true that you can accomplish your dreams with it.
9554  Bitcoin / Bitcoin Discussion / Re: keep calm and buy the dips... on: August 11, 2017, 09:30:42 PM
5 months ago price went up above $1250 people started saying "will it come down so we can buy" then it came down to $800-$900 and i told them This is the dip to buy in

3 months ago again price went up from $1400 to $2755 and a lot of people were asking "is it a good time to buy bitcoin, will it come down to buy?" then there was a dip $1850 on 26 and 27 of May. and i told them This is the dip to buy in
you can see one of the topics here: https://bitcointalk.org/index.php?topic=1933765.0

now price once again went up to $3500 and people are again asking "will it come down so we can buy".
i tell you again the dip is happening again. you had a chance of buying at $3100 and anything now is a good buy price, buy before you regret it.
This is the dip to buy in

so which one will you be? someone who buys before it is too late or someone who regrets and buys when it is too late?
That’s one problem with people, they keep asking questions like “should I buy bitcoin now?” “is this a good time?”, and price is going up… “omg, Bitcoin is for the rich people, not for the poor”… “will the price come down?”…tick tick tick, and the price is still going up.

They won’t do things when they’ve got the opportunity, they keep wasting it. Some people are crazy I swear, especially those asking if bitcoin is for the rich. Do it whenever you think it’s right to do it. Even back when the price was $250, some people were asking if it’s the right time. Keep asking, and let the serious ones keep making money.
9555  Economy / Economics / Re: Would bitcoin help teach kids about saving? on: August 11, 2017, 09:20:44 PM
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
I think yes it can help many children to teach about saving money for there future. Iy can do by the people have a better knowledge about bitcoin and they can teach it to the kids out there.
No doubt, we can teach kids about these digital currencies including bitcoins but I don’t think so lecturing them will attract them towards bitcoins.

We can teach them about bitcoins and savings by showing them some videos that are colorful and are all about the future of bitcoins and how bitcoins can help them in future. Besides, games with bitcoins will also help them in learning about bitcoins.
9556  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: August 11, 2017, 09:10:33 PM
Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!
This actually depends on the number of bitcoins that I have, if for instance I have a total of a 1000 BTC, there is no reason why to keep all of them, I can spend about 500 BTC and then use the rest of the BTC as an investment portfolio and see it grow till I feel the need to cash out again.
It’s crystal clear that your expenditure depends on your savings. Only if you have enough bitcoins in your wallets, only then you can think of spending them because they are the most precious asset currently and will soon become the rare commodity of the world. If you really have too much bitcoins, you can cash out few to enjoy your hard work.
9557  Bitcoin / Bitcoin Discussion / Re: How much bitcoin do you need now to be a millionaire? on: August 11, 2017, 08:39:26 PM
Some bitcoin users have successfully invested in bitcoin, and managed to gain huge profits,
I think it still has that opportunity, because bitcoin prices still have the potential to continue to increase.
Doubtlessly, bitcoin has given many people a living. Those who have invested in this digital currency awarded with enormous profits and as a matter of fact there living standards have also changed dramatically. As far as the change in its value is considered, it is crystal clear that Bitcoin prices are going to boost up and it surely will touch $4,000 within few weeks.

However when it is converted into local currency of a country everyone receives different amount. In this way you can be millionaire in one part of the country but may not be the same everywhere. Still you will be richer than many others.
9558  Bitcoin / Bitcoin Discussion / Re: When will banks start a war against bitcoin on: August 11, 2017, 08:01:08 PM
I doubt that they will be going to start a war against bitcoin. Especially if the bank promotes innovativeness. They know that they cant win when they decided to oppose bitcoin. Instead they are just going to ignore it.

I do not think you need to doubt the war of Bitcoin and the World Bank, maybe they win in promoting their innovation, but I am sure that in the next few years people will know how valuable Bitcoin and the whole world is bound to change. To Bitcoin And to get it will be difficult, because Bitcoin only produces 21 million Bitcoin, then that's where Bitcoin will win against the Bank.
From where I am standing, I see Rothschild rubbing his head, closing eyes in frustration because bitcoins are going to snatch the power from his hands. So sad! Doubtlessly, he will not allow this to happen easily and strike back with his full might.

I just want to see the fight and enjoy it while my bet is on Bitcoins because in a world of technology you cannot erase technology. Crypto currencies are the future money and bitcoins is mother of all of them.
9559  Economy / Speculation / Re: [BREAKING NEWS]: New Bitcoin ATH on: August 11, 2017, 07:21:28 PM
We are now trading above $3,500/BTC

Congratulations to all hodlers.

Next stop $5,000.
I just wonder how many breaking news topics we are going to get incoming days as bitcoin is going to top its own records everyday. I guess $4000 may play as next physiological resistance levels but by considering the trading volume in major exchanges, I guess it may break very easily then next stop will be obviously $5000 levels only.
9560  Economy / Speculation / Re: When do we stop buying Bitcoin ? on: August 11, 2017, 05:55:29 PM
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
Even all 21 million bitcoins get mined out, bitcoin prices may keep rising as long as demand for it persisting. Hence, literally it may be profitable infinitely as no one could predict when the demand may reach zero.

as long as bitcoin can be traded to altcoins, it will be profitable.
How it will be ? I guess your scenario is true for altcoins but I do not find it fixes for bitcoins too. Probably I could not get your point. But one thing is sure that trading is not inducing the actual demand but trading is just based on real time demands.
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