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9641  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: September 11, 2016, 02:04:24 PM
Yes, Of course, especially when the reason why I am become rich of gamble I will still gamble.

Same with if I will loose in gamble. Kidding aside Cheesy
As long as you can play in gambling by using the amount that you can afford to lose i think it is really fine to play.
But if you just use you money in gambling and all your money will turn into bankruptcy because of gambling then that will be not good at all.
Rich has more privilege to gamble and I think gambling are not made for the poor people because they will just misunderstood the real purpose of gambling, they will think that it is a way to earn and what will happen is they lose more often and that could even ruin their lives.
9642  Other / Off-topic / Re: Why would customers use Bitcoins? on: September 11, 2016, 01:59:09 PM
I think bitcoin gives people opportunity  to make some good money  in the long run, and also in the  short term. As the price keeps on  fluctuating , the amount that you hold  now can be doubled in the next few years ,  no other currency provides this possibility.

Exactly, and the best thing about it is that you can earn it in different ways if you multiply your source of earning then it will also multiply your outcome in terms of bitcoins.

That is going to convince customers if you are going to explain that bitcoin is going to be a good source of income and there's a lot of opportunities to get it. And once they are already using it, they are also going to experience the convenience of using it. Because it is just going to take few minutes just to get confirmed for every transactions.

i don't think customers are looking for a source of income when they think about using or not using bitcoin as payment.

the things that are important are the security of bitcoin when using it and the most important of all is the fee which is so low it makes it a lot more profitable to use bitcoin.
Only few of the bitcoin users are into investing while majority of the users are using bitcoin as currency because they believe they can get the benefit like a savings on the transaction fee while having a very fast transaction online.
9643  Other / Off-topic / Re: du you spend coins on real life. on: September 11, 2016, 01:43:47 PM
i tried using bitcoin once in a coffee shop..
how was that experience then? did you successfuly paid for your coffee? I always wanted to spend bitcoin in such area but there is not any in my area. even this is not a big problem for me. I can spend bitcoin via web and can buy everything. and I can exchange bitcoin to real currency.
You guys are lucky you have a coffee shop in your area that accepts bitcoin, how I wish in my area people will also adopt bitcoins so I can enjoy using my bitcoin and will not convert to fiat anymore, maybe I will just need to wait for more time before that will happen.
9644  Economy / Gambling discussion / Re: Why is gambling so addicting? on: September 11, 2016, 01:39:43 PM
Gambling promises easy money. With little effort we can gain huge profit. Thats why people keep coming back to do it day by day no matter what the result is. Common sense is no longer valid if we've become addicted to gambling.
gambling is promising big profits, but the agreement in gambling is a promise that has not been fulfilled, even a gambler rely on a game that is not certain advantageous to her. just the luck factor that can help the gambler.
Yeah gambling house always promising that you can win huge amount in their houses. But the truth is if you don't have enough luck you will not win in the end in their houses.

Yup it's true, it does have the promise that Gambling is very addictive and makes us eager to get an appointment, so we always think to do gambling in order to achieve the promise given in gambling. All of that is just an illusion and we cannot get it well
It's human nature, when we are in the competition we always think that we will win otherwise we will not participate, like in gambling we are too optimistic that we will win in the long run despite of the reality that we have a little chance to win compared to the house.
9645  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: September 11, 2016, 01:36:07 PM
no absolutely not. trading is not a gambling it is a sacrad prfession. trading is the core of every society. socities and states are run of trading while gambling is quite opposite.
nah trading is like gambling because you take the risk of losing money too but in trading the difference between that too is in trading you can easily grow your bitcoin there depends on the alt coin you are going to trade with and in gambling your playing your money where theres a big chance of losing it.
no trading is not like gambling. there is a clear difference between the two. although both are risky and have a chance of loosing money, but in trading you have always a chance of recovering your lose, while in gambling you do not have any chance of recovering your money.
It has a little similarity in gambling because it is also a big guessing game where you predict the movement of the market, bitcoin is very volatile and people or traders are betting on the price of the bitcoin whether it will go down or up and I think that act alone can be considered as gambling.
9646  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: September 11, 2016, 01:19:11 PM
Not really,it matters up to a point but what matters more is if BTC spreads its market and if more people use BTC-that's way more important for sure
The price will always be the reflection on the performance of the economy, if bitcoin's price will rise that means we have a progressive market and that is actually what we are seeing right now and I know you will agree on me on that matter.
9647  Economy / Economics / Re: How good are you at managing your money on: September 11, 2016, 01:15:14 PM
Im good in handling my money because i know what to buy and where to use my money and im not that cool that that going to buy some things to be looked cool some people nowadays are feeling rich where they dont really care the value of money that they spending
We just have to be hones with ourselves and we only buy things that are important to us and we never let the day end without any amount for your savings, if you can discipline yourself to save then I would say you are good in managing your money.
9648  Economy / Economics / Re: How would you double $100,000 safely? on: September 11, 2016, 01:05:30 PM
Invest in something and accumulate interest over time and collect the profit-that's the best and easiest method to reach your goal
If you say accumulate an interest that means you can continually getting a profit, and I think there is no such investment like that, because in real investment the market is not only moving in one direction, we can also experience some loses but what is important is to be profitable at the end.
9649  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: September 11, 2016, 01:01:43 PM
Gambling is actually not wrong if you gamble  only for fun and do not spend to much or play to much. As we all know that all too much would always be not good.
Yup I agree. Because for me gambling is bad depend of a person who play this kind of activity. If you are out of control then you should not continue playing this but if you know how to handle everything I guess it's fine for you to play.

It's hard to handle it when you're losing. Very hard, because you want to get the money you just lost back.
That is true, but when you feel that you really don't have luck, it is better to stop or stay away in gambling immediately for you to not lose more money.
I hope that is the scenario all the time but most gamblers does not stop when they experience loses and they will only stop when they ran out of money. Really hard to control ourselves in gambling because of the mix emotion that we are going to experience.

This thing could really happen most of the time because of the person's mind set. As i have always said that the kind of thinking of person could really affect their actions. If you experience losing most of us believe that we could when after that but the truth is no this is really merely happens.
All of us should have a self-discipline especially when it comes in money or financial because once you've entered gambling we can really temp to play again and again especially when we get easily hooked with it. And the truth is it is really hard to quit in gambling when you are already addicted into it.
Because money is the most important to us to live a wonderful life in this world, having a discipline to manage our money is good although we are also gambling and we consider that as fun for us not to risk our finances and might ruin our life in the end.
9650  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: September 10, 2016, 02:24:11 PM
The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.

The fork issue is a distraction. It won't kill bitcoin. The majority will eventually choose what fork they want to use, whether it is the original, or XT, or some third option.

I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.
The prospects were not bad this year, but because of problems in commercial markets, in particular bitfinex, bitcoin fell dramatically. Therefore, in 2016 it became the black for many a year.
The hack does not really affect that much on the bitcoin economy, when you see the opening price of bitcoin this year you will certainly be surprise on the substantial growth and that alone who qualify the statement that 2016 is the year of bitcoin.
9651  Other / Off-topic / Re: Why would customers use Bitcoins? on: September 10, 2016, 02:19:08 PM
To bitcoin beign used as day to day payment method it should be very easy to pay for groceries with it.
So you just pull out your phone at payment point of shopping, click once on it and its done.

Thats how it should go.
Yes it is done, however the transaction speed is not as fast as you thought,  so how can you get your things if your payment hasnt been confirmed, and then how would you know you will have enough bitcoin to buy your things since there are no price tag in bitcoin in every thing that you want to buy, so i think bitcoin not yet ready to be applied in grocery store

Yeah we need to wait longer to use in grocery store to buy daily stuffs, and even if it takes long time people should by happy that they are able to use it online.
As we are going into the digital world and bitcoin is getting more popular, time will come that stores will be accepting bitcoin, they will surely see it as an opportunity to increase their income as they can fast track their services and minimize on the expense on the labor cost, everything will be automated that time.
9652  Economy / Gambling discussion / Re: Why is gambling so addicting? on: September 10, 2016, 02:15:12 PM
I think because of money the gambling is so addicting. Yes everyone one loves money, if it is coming easily without any risk means all people will try once. But in gambling making money is very tough. In the beginning, we just start to play. End of the day we lose our money, and we play again to get our lose back. This will repeat every day.  Like this people will addict to this gambling.

People actually get addicted of gambling when they win something at first, later on for trying to win more they lose even a lot but still they don't stop because they got the taste of greed after winning at first.
And that is really the major problem when it comes in gambling, they cannot control their greediness when they win once. Most of the time gamblers really want to earn money but I know that there is also people out just that just gamble for an entertainment.
There are people who gambles purely for fun but the most disturbing is the majority of the gamblers are into gambling for the sole intention of making money that is why the gambling industry is so profitable and they have been making money more and more with the advent of bitcoin gambling.
9653  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: September 10, 2016, 02:02:45 PM
There's  no safe method in gambling because gambling is all about taking risk. Some of the people do gambling cause they're thinking that in this way they can easily multiply their money but they're not sure if they are going to win or lose, they're just putting it all on their luck which is sometimes lead them to poverty because they have spent their money in gambling and lose it all. So, it's better if you don't go in this kind of situation cause there's more better way to earn or multiply your money in descent way.

Multiplying the money should actually not be the concept of people, but it should be growing them, and that is not possible to be done in gambling where no one can be safe, but in gambling you can just get a lot at once or lose everything at once as well so that should not be the choice for anyone, rather people should think of growing their money gradually without getting a shock for losing all at once.
Multiplying means you need to look for a better way to earn fast and most of the time people with desperate needs of money will want that to happen in their lives and they will make a bad decision to resort it to do gambling despite knowing gambling is very risky and majority failed.
9654  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: September 10, 2016, 01:50:22 PM
Every monetary investment is a gamble. Every time you trust someone you are taking a gamble. I would definitely gamble if I had 50 million dollars. I find it relieves stress. However, I'd probably gamble my money on supporting the pursuit of animal rights and technological singularity. But I would still play Poker, Dragon's Tale, EVE Online and Heroes of the Storm for fun. Like... Gambling is definitely stressful, but it's something repetitive and gratifying that I can do without drama from other people. Just me and random chance. That said - my betting limit would probably be $800 if I had 50 million dollars. Right now my betting limit is whatever I earn off of faucets. If I were to bet more than 0.0016% of my networth on something, it would either be for a good cause or for a positive EV (e.g. investments).

In casino gambling players almost always have negative expectation, while investors, if the are skilled enough, have positive expectation, meaning they have very high chances to see profit.

Gambling is "all or nothing, right now", investing is "more value, but later".

Unless if you can invest in a reputable casino/company to prevent scams, and it's hard to find a reliable one to invest.
It's hard when you want to invest and you do want to take the risk, investing in casinos nowadays is one of the trends in making money the crypto world and I believe there are many reputable online casinos out their that has been operating for a long time and still stable.
9655  Economy / Gambling discussion / Re: To Gamble or To Invest? on: September 10, 2016, 01:43:43 PM
Most of the times investing is better because its safer and also can be more profitable, if you want to play it safe its better to choose investments most of the time.
Investment is safer if you take your time to research the company in which you are investing, if you do not take your time to do your research, I think investing can be even more dangerous than gambling because you will get a false sense of security that in fact is not there.

Totally agree with this. As what Sun Tzu said in the art of war, know thy enemy first. Although companies that offers investment are not your enemy, you should treat them as they are so that you will do greater due diligence of researching the company before you invest.

It is very essential so that you will have peace of mind after you have invested. Well, having known all the ins and outs of the company, it is still not guarantee that you will profit - how much more if you don't know the company you plan to invest to.
Certainly true, it is better to know what business we are going in than just invest with a close eyes and rely only our our gut feel. Investment is risky but  it is not gambling and we have all the information available on the desired investment so we need to know that so are comfortable and confident with risky our money for investment.
9656  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: September 10, 2016, 12:17:01 PM
I can't do this, my day job is very important to me, if you would leave it, i am sure that i will not get success , better to have bitcoin like a side income.

Majority of users believe in the same as they don't want to risk their standard of living so they will prefer to go full time with regular job and treat bitcoin as an additional income.

everyone has a different job, so you deserve to keep your job and not to take full-time in bitcoin. but some people have a job that is quite heavy too small salary, so they decided to go to take full-time on bitcoin, like me for example.

If you can manage to earn higher income from bitcoins in compare to your full time job then you can definitely work full time on it, as everyone wants higher income to have good and comfortable life.
Definitely that is the right move, it does not matter if we are not sure we can earn a consistent income but having a good income in  a short is still good when we learn how to save. If our job does not satisfy us in terms of the pay then it is just right we look for a better opportunity for a greener pasture.
9657  Other / Beginners & Help / Re: How to make money on bitcointalk? on: September 10, 2016, 11:42:24 AM
It was no secret if you want  to earn bitcoin from  bitcointalk only by join the signature campaign  and for other way  is only continues checking giveaways by some new  site. it's the two ways that  i know to earn bitcoin in here.
Don't forget to sell your services to make money on bitcointalk, and it's more profitable , also anyone will use your services again if you're services is good and never had a problem with you . Indeed , for sell your services must have skill to sell.

Having skills  would be an advantage  here on this forum especially if you have those technical skills related to programming, graphic design, developer then its a sure skill to be profitable in this forum and not only that you  could earn decent amounts and i think its the best way to earn a good amount here.
That's a high paying job and if you have that kind of skills you would certainly earn a great amount of money here in this community, you will earn regardless of your rank here because that is in demand in the industry, who knows you can be a coder for the most successful coins here.
9658  Economy / Economics / Re: Bitcoin worth to you or not... on: September 10, 2016, 11:26:46 AM
Yes Bitcoin worth to me, because i prefer to making my deals and trades with this crypto currency instead of fiat and other altcoins


Well for me either bitcoin is really worth it. Since I knew bitcoin the terms of payment that I am doing for my utility bills instead of paying them with fiat money and going to the physical payment store. Now, I don't have to do it because I can conveniently pay even I am just at home and going to use bitcoin for paying it.
That's the convenience when using bitcoin, you can transact at the comfort of your own home, because our local exchange has many partners that accepts bitcoin, and for me it is worth to me so much because I can earn bitcoin and I was able to pay all my liabilities and bills with the money that I earn.
9659  Other / Off-topic / Re: Are you buying bitcoins? Why? on: September 10, 2016, 11:10:17 AM
yes, sometimes i do gambling and trading alt coins using btc..  Wink

Wow I bet you are rich because you could do some gambling with your own money. Many users here are for a job in services so they could hoard some bitcoins.
Having the skills in gambling to make money is the best way to be rich but I doubt more people are getting successful with their dream to be rich in gambling. Majority of the people here are into investing because bitcoin has a very good market and the price is going to be very good in future for us to give some profit on our investment.
9660  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: September 09, 2016, 01:51:48 PM
I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy
I don't think gambling can be considered as high risk investment.It can be a game to check your luck and in this game you can be winner or loser.An investment you have chance to losing but not so fast like within minutes and in investment you have at least something left.

It is right that gambling is not made for high risk investment but now it become for us high risk way. And so far as investment so it is for us how we use the gambling as investment or like a game. But believe me sometime it feel gambling is an other way of earning or investment for us.
Gambling is not a high risk investment but if you are playing against the gambling sites you are in high risk, it is apparent that gambling sites do win most of the time so with that fact alone you can assure your investment is safe and you will be receiving a good profit in the long run.
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