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961  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: January 31, 2017, 03:20:01 PM
If rich in gambling is certainly not just a few people as possible could get rich from gambling gambling but the faster I get bitcoin although sometimes lost in gambling

Yeah only few people are going to become possibly rich in gambling. And for us who are just gambling for small profit and even we aim for becoming rich. Still a lot of hindrances and problems that we need to face in becoming to be rich in gambling. I just lost my hope for it and that's why I'm starting a better life to become rich with it.

If you are a small gambler, then don't make any goal. Becoming rich from gambling is impossible. Only the rich people can increase their bankroll to play with high bets. Or if you are the lucky guy you win any big jackpot it is possible. Otherwise, don't imagine to become rich from gambling. It's just time and money waste. If you are a small gambler play this for fun and be happy with your winnings, don't expect more from gambling.

It is true, only rich people do big bet, because they have no problem with money and if they win a big jackpot than too good for them. But on the other side, poor people who don't want do it. Definitely they never want to take big risk, and if they lose so how they pay it. In this way, majority of the gamblers don't take a risk and they don't think to get rich from gambling.
962  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: January 31, 2017, 03:14:24 PM
The Lion is never ashamed for eating animals because its a cycle of Life. I am not ashamed of gambling, the only shame i exhibit is when i lose, i think of other things i could have used the money for but eventually i recoup my money and make even more profit. Its all about getting the money. Stock Brokers are all gamblers just like us.
But different people from different region facing different situations, for example in Muslim society one must feel shame as gambling in forbidden in Islam so if someone caught red handed the he will be put in prison and not only but his family and his friends will be feeling shame on them. Personally I never find myself ashamed for being a gambler.

As you mention religion than i agree with you, and i also know that in different religions not allow to play gambling, So that's point of view, i know some gamblers feel shame also family members are not allow to play gambling. But in society wise, many persons are play gambling even they do it professional level instead they religion allow them or not.
963  Economy / Economics / Re: Is the economy situation in your country that bad? on: January 31, 2017, 03:09:05 PM
You know in my country, economy situation is normalistically but our government is not good, sorry to say that but they all are corrupt leaders. But my country people, they are good and hard working people, that's why we have no interest in government and our private schools, offices and factories they all are doing well, So economy point of view, my country has good position.
964  Economy / Economics / Re: Make money from money on: January 29, 2017, 05:57:16 PM
making money from money is the same as playing trading, gambling, investments, and business possible. all it requires money, in order to earn more money, and it always works. if you want to try it, then, I suggest to try on the investment, because investment is the pillar that gives us money in the long term.
Its also depend in what investment mate we needed to make sure that the investment we are placing our money is legit and we need to study deeper as we see more investment site showing and giving good results for those early investors and run away after a while when they already got good amount of money to grab.

Investing Money to get money may not always be beneficial. Most of the Bitcoin HYIP and cycles pays in the start and when we hear the site really paying, we invest there and soon the site stops leaving us in a loss. The catch is to invest early in bitcoin hyips or dont invest in older sites which are one month old.
965  Economy / Economics / Re: John McAffee: "In 2 years Years btc will only have 25% of the Crypto MarketCap" on: January 29, 2017, 05:49:14 PM
I totally agree with him, most of these Altcoins would have been in existence for like five years and I expect the trust level to increase and the marketcap to head towards $1 billion. I'm very sure by 2020, we will have more than 10 other crytpo with marketcap above $1 billion. There is so many rooms for them to grow

How can anyone agree to that ?  Tell me how many population of the world uses bitcoin now. Maybe less than 25% or even more less. So when remaining 75% will start to use Bitcoins, it value will increase more and so will increase the market cap. (will not decrease).
As far as altcoins are concerned, none of them is trustworthy. Behind every altcoin is a dev who made his Alt for a short term profit.
966  Economy / Economics / Re: Reason why you should Buy bitcoin now on: January 29, 2017, 05:45:49 PM
The reason also why we should buy bitcoin now, it is the time of the popularity of bitcoin so the markets want to earn, after they can hear about bitcoin and review the earnings, I think they will make a site that they could earn a bitcoin like a investment site or tradement site. Also in investors, invest their money into trustes and known site so that they did not scam. And the price of bitcoin now is increasing thoroughly so that it will continue the price hike.

everyone hopes that the growth of Bitcoin prices will continue for a long time. That is why many are now willing to buy Bitcoins to make a good profit in the future. I hope so too. Therefore, each time when the price drops a bit, I try to buy some coins

That's the right thing to do if you have faith in potential of bitcoins then anytime is the best time to bitcoins as price will surely go higher in long run so if you are long term holder then you can buy them even now as adoption level of bitcoin is increasing and if it continues then it will take price of bitcoins to next level in coming years.
I see Bitcoin as a good long-term investment, but I would not say that every moment is a good time to buy this. I think the right time to invest is when negative news comes out, that drive the price down and allow you to buy at a better rate. This is hard to predict, of course, and that is why some individuals prefer to buy without waiting for a price drop, but that is an individual decision and depends on the profile of each investor.

Its very hard to see a negative news about bitcoin which may cause the price drop. Last year there was constant increase in price except for 2 weeks when we heard bitfinex hack news. Now i only suggest to buy bitcoin right now any price less than 1000$, because it will not remain under 1000$ for long time.
967  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 29, 2017, 03:12:38 PM
Bitcoin is mainly adopted for its volatility and not for liquidity.When bitcoin price starts remaining stable means, that bitcoin is adopted by people in a wide range, so that no one can affect its price by pumping and dumping.Traders can gain profits only if bitcoin price is not stable and is volatile.They benefit by trading it against US dollars.I think, if bitcoin price remains stable, it would be dumped for price to fall..If bitcoin had a stable price, then its adoption would fall.

I think that if bitcoin price is stable more people will invest in it as they will be sure they wont be at a loss. Most of big businessman and people afraid of this currency as they think it is like a pump dump short term coin and they cant afford to risk high amounts in bitcoins. We should try to make bitcoin price stable for larger amount of people and unstable prices only favor handful of traders.
968  Economy / Economics / Re: You should never trust banks on: January 29, 2017, 02:07:33 PM
We cannot say that trusting is bank is the best way to save money. We all know that other bank becomes bankrupt. We should know what are the possibilities will our bank will be bankcrupt? Or our money will earn, we should know what kind of bank will be in the future?
Probably better not to keep the money in the bank, and real things. I mean to invest in a business or real estate, which can be profitable. Banks are very difficult to trust. Although it is a state bank the most reliable of all. True there are other interests.

Banks are in a way trust-able as they are physically available  near you and you can go to them in case you feel there is something wrong with your account balance etc. Courts are also there to help you listen to your appeal. I don't think local Banks in your country can scam you. Its the online banks that need to be taken care of.
969  Economy / Economics / Re: Take Redundancy Or Stick With Job? on: January 29, 2017, 02:03:59 PM
Depends on what the annual salary is and how long it would take to earn the $20k redundancy offer.

$20k is not a lot of money and wont last long.

Job is part time but pays more than $20k per year so yeah would take under a year to earn that back but she can get another job so does this matter?

Basically paying $20k for a good job (but on paper) it seems?


Stick with your job because that is going to assure you that you are going to earn money every month which is really needed it would not quit it.
Just do your job and Bitcoin in the side then I am sure that you will be fine financially.

If cant afford to take risk, i will suggest to stay with the current job and if possible also take that another Job as a part timer. It surely depends on the how much time you have, How much energy you posses. Obviously  you cant work for 20 hrs a day and make yourself ill after a week. A balance is needed in all walks of life.
970  Economy / Economics / Re: Gold: I smell a trap on: January 29, 2017, 01:58:54 PM
I dont see a reason for buy any kind of gold invest for sure profit because gold will become past and it is not interesting like before anymore.Economical exeperts are talking many things which are wrong about market prices but many know that their prediction is incorrect I think that many economical experts works for big rich families and they make them more and more rich and poor pupils more and more poor.This world is cruel so we need to think twice before we make a right decision because we can become a really big loosers if we got catched in trap which is putted by other pupils which dont care about other pupils only for money and own head.

I think otherwise. Gold has been known to all and there is no one in the world who dont know what is Gold. In most countries Gold is considered to be the only and best form of investment. People are known to be rich on the amount of gold they hold onto. All these things make Gold a safe investment. I only say safe investment but not as profitable as bitcoins.
971  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: January 29, 2017, 01:44:20 PM
As we seem the explanation of bitcoin is very difficult among children but it is not among teenagers.  because they need digital currency  in their future. hence, they get understand about different types of intenet base currencies so it won't be difficult to explain about bitcoin  among them.

Children will have no interest in bitcoins even if you tell them about bitcoins. They only need toys. Teenagers will get information from their friends and colleagues and in teenage they all discuss new and interesting and if bitcoin is hot in news, they will already know about it. We dont need to explain them.
972  Bitcoin / Bitcoin Discussion / Re: John Nash created bitcoin on: January 29, 2017, 08:52:15 AM
I have seen over 5 threads recently with people claiming different names as being "the Bitcoin creators". No matter if that person is a math genius, a genius coder or anything else, unless he shows evidence there is no way you can find out who that person really was. Maybe he is someone VERY smart, a genius that nobody knows about.. And I personally think he will never reveal himself (unless after death he's found to be the one) for security reasons.

I think it was Satoshi who created the bitcoin and he named bitcoin smallest unit Satoshi under his name. Thats the most antithetic information i have heard across the internet. Rest all John Nash etc are just not look real and are false as everyone tries to claim himself as if he is the founder of this great invention.
973  Bitcoin / Bitcoin Discussion / Re: What about the idea of a bitcoin shop in big cities? on: January 28, 2017, 03:40:15 AM
I will create a store that provides various daily needs. other than that I will give a lots of discounts for buyers using bitcoin in full. they would be interested and continuously using bitcoin.
This is great, I love this thing if it happens, I hope someday this will impose to every country..

This is great move then, so for sure if you already have this, many bitcoin enthusiast will be in your store and spend their bitcoin there because personally even me, I want to spend it by bitcoin itself transfer to bitcoin to bitcoin. This way fiat will be eliminated and only bitcoin will rule as a central currency globally.
974  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]CSH CASHOUT on: January 28, 2017, 03:34:09 AM
Swap now CSH NXt for Csh256

CSH having a bright future with the good update of dev,  i told you before that dev of CSH really work hard to give us good future. Get the new CSH now will run with pawncash after swap CSH NXT SWAP now or buy. Swap right now is 1NXT = 1CSH after 48hrs 50NXT = 1 CSH
Also instead of pow the remaining csh are gone be sold on the Cashout website with redistribution dividend
975  Economy / Economics / Re: Bitcoin in India? Not for a LOOOOONG time. on: January 28, 2017, 03:31:28 AM
i was hear about bitcoin in india Shocked
its bitcoin legal on there ?

Quote
In June 2013, the Reserve Bank of India (RBI) issued a notice acknowledging that virtual currencies posed legal, regulatory and operational challenges. In August 2013, a spokesperson wrote in an email that bitcoin was under observation.

On 24 December 2013, the Reserve Bank of India issued an advisory to the Indian public to be cautious in buying or selling of virtual currencies, including bitcoin. Following the announcement bitcoin operators in the country began suspending operations.

The first raid in India was undertaken a couple of days later in Ahmedabad by the Enforcement Directorate (ED) on the office of the website, buysellbit.co.in, that provided a platform to trade in this virtual currency. The preliminary investigations found it to be in violation of the Foreign Exchange Management Act (FEMA).

On 28 December 2013, the Deputy Governor of the RBI, K. C. Chakrabarty, made a statement that RBI had no plans to regulate bitcoin.

Nobody is regulating BTC in India but it doesn't mean it is illegal . Recently I read in a local newspaper about introducing BTC as investment asset to Indians so it means BTC is legal in India.

Yes bitcoin is not illegal in India. I even saw one local picture here in this forum that there is a certain group that are giving lectures and teaching other people on the usage and value of bitcoin. Bitcoin usage in India is not really a big market compared to other countries but the most important part is that they are starting to use it. Sooner of later the bitcoin community in that area will also increase and expand.

After China,  India can be the next big market where you will find bitcoins more popular. If you analysis the root cause of china people investing in bitcoins you will come to know that their local currency is in a crash and people want to invest in something secure and therefor bitcoins they choose. Same is with india currecny and i see more businessman from india will convert their money into bitcoins.
976  Economy / Gambling discussion / Re: Can trading be considered as gambling?? on: January 28, 2017, 03:25:01 AM
i do not consider that gambling as trading because gambling is risky and maximize the risk and trading has too much low risk and trading minimize the risk because bitcoin price increase too much faster day by day so trade is much more different from gambling.

There is no guaranty that bitcoin prices always go high, so you should trade carefully. Because bitcoin prices were 1000+ long back, and after that fall only recently it has reached that level. So try to learn how trading works before jumping into it with big investments. As you said bitcoins, prices are very volatile so you may make a good profit in quick time and the same time you may lose your investments quite fast as well.

Bitcoin prices remain stable between 900 to 970$ so there is not much margin in getting profit from bitcoin to USD trading in short term. I would suggest you may find altcoin trading more beneficial as there a lot of Altcoins to choose from and you may invest in few good alts. Poloniex and C-cex are my favorite exchanges where i trade alts.
977  Economy / Economics / Re: Spending Bitcoins on: January 28, 2017, 03:19:11 AM
To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

Because in my place there's not a saller who accept bitcoin as payment metode because this problems caused the mayority of people din't know about bitcoin yet ,so saller not interested to accept bitcoin as payment metode.
So usually i change btc to fiat to spending my bitcoin.

Not only in your place but whole world bitcoins are not using in the mainstream businesses yet, only a few online stores are accepting as of now. So there is not a choice one should first exchange it into fiat currency to buy other things locally. Since there are so many ways, we can exchange bitcoins now, so it is not very hard to exchange but need to pay small for the conversation.

I also dont have much places in my country where i can convert the bitcoins to local cash. Even 80 percent people here are unaware of what is bitcoin exactly and how it works. So we dont have much spending options locally but we can spend in online stores and get advantages. With the passage of time Bitcoin will become more popular and then everyone will accept bitcoins.
978  Economy / Gambling discussion / Re: Cricket match prediction discussions on: January 28, 2017, 03:15:04 AM
Tomorrow first one-day match between SA and SL. SL has surprised most of the people in T20 series. They won the T20 series and now with some good confidence entering into one-day matches. But one-day matches are slightly different from T20 games and SA playing at home so I still believe that SA got may win the tomorrow's match.
Srilanka won the T20 series but South Africa was not fielding a strong team but when it comes to the 50 over game they will be placing a strong team and so it is a real challenge for the Srilankan's to over come them and that too at home,so my prediction is that South Africa will win the match without much trouble.

I think being a 20 20 match, a slightly lighter team like Srilanka  had same chances on winning as SouthAfrica. There are only 20 overs a side so if SL gets a good start and on their lucky day they may defeat the Stronger South Africans. But in a one day match, only the team which is stronger in skill will WIN and i will vote for SA Win today
979  Economy / Gambling discussion / Re: What is GAMBLING? on: January 28, 2017, 02:52:27 AM
I want ask mostly people are saying in Gambling we loss everything, but they are still playing gambling.
WHY?
Then people saying that it is Game and fun so we are playing.
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS 
Gambling for me is just GAME i choose number one ( I didn't losing much money in gambling game) at least for today
gambling will become investment and business, if i have website gambling
although it is not easy because needs much capital for building business gambling.

You're correct. Gambling is not an investment for gamblers, but it is true only for casino owners. From gamblers point of view, these are just a games and gives more excitement and shouldn't use these games to become rich or earning fast money because these games end results depend only on luck and mostly casinos owners are going to win at the end.

Casino owners and investors are the only ones profiting from these casinos not really gamblers. Gamblers should avoid trying to profit from gambling just play with it. Usually casinos win because their chances of winning is better than the gamblers that is why there are plenty of casinos and there aren't many people who got rich from gambling.

Yet everyone know this and still gamblers do gambling at casinos. Other point is if Gamblers stop gambling then how will the Casino run the business. Basically Gambling is an addiction and casino owners exploit this addiction and get rich from the pocket of gamblers. Gamblers also dont mind losing as they think  wining and losing is a part of the game.
980  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Qtum] UTXO based POS Smart Contract Platform|On Coindesk & Bitcoinmagazine on: January 28, 2017, 02:44:33 AM
Goodluck to Qtum . I post in your signature campaign but its already full but I hope I will accept for the round4 . I think this project become successful because of always active of the dev. Godbless to Qtum more blessings come to Qtum!
I think they have already posted on the campaign thread that they wont be accepting any new members anymore. Even if someone leaves the signature campaign or gets kicked out from it. If you still have hope for getting into the campaign continue wearing the signature and hope that the they change their mind. Good luck.
If he still want to earn from Qtum project then he have to invest some money in this project because the team of this project will lead it in the crypto world to the highest peak and the investors will earn a good profit.

You are right. The Doors of Qtum project is not limited to signature campaign. If you invest your money in this project you will sure to get lots of profit from this. One of my friend, who is a business man, when i told him and made him saw this project, he planned to invest more than 2 btc in it. I would suggest everyone to invest in this Qtum Project.
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