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9761  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 30, 2017, 10:36:30 AM
For many Bitcoin is not a tool for investment, and convenient way to send savings without commission. I think Bitcoin in any case will be popular. But, of course, not so much.

For me a convenient way of sending money is fiat and plain cash - maybe the person I am sending money to does not know about bitcoin, that country has banned bitcoin or it is tough for my friend to convert bitcoin to usable currency in their region. It is tough to assume bitcoin to be general currency in every city in the globe.

So for most of the people bitcoin is a type of investment and thats what made it popular - the price of bitcoin vs fiat.
9762  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: January 29, 2017, 11:12:39 AM
For 0.1 BTC a week you will have to do feel an invite work and show your skills to earn that amount . Rest you can do trading or small signature campaign or faucet will give me some part of it p

Best way to earn? get a job man or buy some bitcoin and get a life Cool

No signature campaign here gives 0.1btc/week and faucets are not worth of time.
Trading is one thing that is profitable if you have the skills and invested money properly. Specially altcoin trading if you can get into it early and get out early you can make a profit out of it. Mining coins is profitable for those who live where electricity and other costs are cheap.
9763  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: January 29, 2017, 11:03:54 AM
Freebitco.in is a fraudster site, their auto bet system plays big fradulent games. It purposely makes u take loss though u won the bet, I lost thousands of satoshi due to these fraudsters. Their auto bet Roll records show their true colors. when I went through the records i found more than 20 records within secods where in i have won the bet but the autobet has still marked it as a loss and made me go for a loss. I bet there are 100 more such records if you just go through them.

Please dont go for Freebitco.in they are such fraudsters. I also have the required proof but unable to attach here.

What type of proof are you talking about? Do you mean to say you lost because of a rigged system? Have you heard of an algorithm known as provably fair system?

It is there on the site where you can verify all your rolls and make sure that they are not mathematically manipulated by the system and hence they are purely random rolls

There have been gambling sites with rigged systems in the past - but they we reported and got banned for the forum and negative trusted.

If you think you have proof - post a thread in the "Scam Accusations" section with proper format and then post all proofs there.
9764  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 29, 2017, 10:58:45 AM
I am convinced that the popularity of Bitcoin will fall by 80 percent if the price is stable. He will lose all the traders and many investors

Not 80% I think it will be 99%. Every trader of bitcoin in this world would simply sell all their coins to earn whatever profit they can and get out of the business if its prices become stable. Considering the number of bitcoin accepting merchants in the market being for too low than the number of traders in the market, the economy would simply crash and it would make it a "dead" coin.

Such a thing is though very hypothetical and wont happen anytime soon.
9765  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: January 29, 2017, 10:50:47 AM
Investing in bitcoin is a clever decision now because very soon it's price and demand will increase as both are directly dependent on each other. So if you but bitcoin and hold got 6 months then also you could get $100 just by doing nothing but hold your $800. I think it's not a bad idea

It is not anything "clever" but rather a general idea. Many people like us are holding bitcoin and selling them when prices rise. Then we buy more when prices fall and in doing so we are making profit. Its called trading and its very popular among cryptocoins. One of the biggest reasons for which bitcoin is used nowadays is for trading because the big price of bitcoin with respect to fiat is what draws the crowd of traders towards it.
9766  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: January 28, 2017, 08:13:30 AM
because it will be the coin of the future, and its value will only grow, thats it.

Basically this is one of the only reasons why people have been flocking around this coin and trying to earn it from anywhere possible. Traders have joined and the price fluctuations are helping them earn a lot as well. People are investing their assets into bitcoin and hoping for price increase in the next few decades so they can cash out a huge profit.

Overall its always a good investment and will continue to be so.
9767  Economy / Gambling discussion / Re: Everyone looses in the long run on: January 28, 2017, 08:10:49 AM
Would be very difficult to win some profits by gambling, if you can gamble for fun and know when to stop, you will not suffer huge losses.

As quoted profiting from gambling is really hard. Lucky people get it easy, but luck too won't stand long. While understanding the real facts and knowing the limits user could have lost some amount on gambling. Gambling for fun alone gives a positive vibe as well an excitement.

People who are lucky do well at gambling but I am a very unlucky person and hence I prefer to work for my money rather than let luck earn it for me.

Again if we think that luck is always with us then we are making a big mistake because luck has the bad habit of simply slipping away from our hands.

We have to have proper self control which is why the emotional part is very important in gambling. If we cant control our emotions the we are going to lose no matter what. Its important also to cash out early and not keep on gambling.
9768  Economy / Economics / Re: Best way for steady income on: January 28, 2017, 08:03:25 AM
Invest in major coins and pray.

What do you understand by the term "major coin" - the only major one I know is bitcoin. All other altcoins are simply pump and dump schemes mostly. All the value that they have is for trading, mining them only to dump them.

Holding bitcoin for a long time praying that prices go "to the moon" is good but I think that applies to only bitcoin and so it all comes down to one major coin.
9769  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 28, 2017, 07:59:34 AM
Well I don't think it would be popular as it wouldn't be called as an investment opportunity it could be a currency. Another reason is if it had a price like this mostly it would be a currency but it is not possible that bitcoin can be a currency because there is a limit of 21 million bitcoin allowed to be produced.
I guess, bitcoin will take decades or even a century perhaps. If they reached the maximum of 21 million, then there is nothing to worry about it. If that happened, sure thing is bitcoin's rate will rise as the supply is low and the demand is high, market based. The limit amount of bitcoin to be produced doesn't matter for its popularity. What matter is how it serves people and how reliable it is in order to make its popularity be affected.

This is correct the supply demand ratio being low the price of bitcoin is bound to rise in future in the next decades. That is why people use it mostly as a trading commodity than a currency much like gold.

Again people see easy money associated with the fluctuating price of bitcoin and hence they jump into trading which is profitable in the bitcoin and altcoin market.
9770  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 27, 2017, 09:46:56 AM
Virtual currency with a stable rate is a dream

Very much correct since stability in price does make the people brand the coin as "dead" and the huge flock of traders will simply go away and the economy would not improve.

most altcoins and bitcoin are used a trading commodity more than a currency so we cant really expect stable prices in future. Merchants are trying to put up different methods to deal with it and make the transactions profitable for them and not the buyer as well.
9771  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: January 27, 2017, 09:44:00 AM
I think it depends on the marketing strategy, whatever we do good marketing strategy if they will accept it gladly include the problem of payment accept bitcoin.

Whatever strategy you use to make local merchants like bitcoin, it won't work if they are not interested in it. If you force it, probably  you would look suspicious to them. It would be nice to just let them naturally know bitcoin. Introduce it to everyone but never expect that they will all like bitcoin. The best thing is you did what you think could make them like bitcoin.  Smiley

In fact the local businesses even think that we are trying to lure them into some money laundering scheme. Many people's first exposure to bitcoin was ransomware and uTorrent coin mining malwares, drug dealers, Silk route incidents.

They still think that bitcoin is a ponzi scheme and are not willing to accept it into the business no matter what.
9772  Economy / Gambling discussion / Re: Why is gambling so addicting? on: January 27, 2017, 09:40:41 AM
o matter how much you attempt to quit gambling it will not work if you are not with the intention to stop it from yourself. but, if you really intend on yourself to stop playing gambling undoubtedly the result will be satisfactory. addiction does can not stop but addiction is a common thing in every game.

Addiction does not happen in every game - its more common in games where people sit on chairs like lazy puppets and throw their money to the owners. Try playing tennis or football - and try to sweat it out, in an hour or two you will tired and wont return to the field for a couple of days. Seriously speaking its better for your health as well. Grin

Its one of the better and healthier methods to get de-addicted to play some outdoor game that you love and divert your mind from gambling.
9773  Economy / Economics / Re: Best way for steady income on: January 27, 2017, 09:35:52 AM

Mining for sure.

Not for sure for everyone mate. Mining was profitable in 2008-2010 mainly as well as for those where electricity and other costs are cheap. Also you need to be part of a mining pool and its having its own fees. So it all comes down to a long term investment with slow income and late ROI period.

I think trading and investing in business in real life are more profitable. Specially real estate and gold where you can make proper money. Other than that better than speculating on the market, get a job and more importantly get a life.
9774  Economy / Economics / Re: Best way for steady income on: January 26, 2017, 07:51:19 PM
for me having a stable income is to have an proper and arranged inventory and a proper handling of money so you wont just waste money for nothing. hope it can help

That can only happen with a daily job or your own business and that can be procured only if you work hard and have determination, skills to start one.

Like I always say there is no easy way to make money and there is no "best" method to make money. We all earn according to our skills - no job is superior to another.

Of course there can be failures in trying to start something new but thats what savings are for, if we have saved money we can always give it a new shot and may as well work it out.
9775  Economy / Gambling / Re: FreeBitco.in - Win free Bitcoins every hour! on: January 26, 2017, 07:46:20 PM
First bitcoin site I have visited.
I have free-rolled 20k+ satoshi once and the feeling is that I have won jackpot.
Hehe.
Thank you for being the best faucet 'til today.

For me was it also the first site I had visit starting with bitcoin. Good to see they're still in business. Most sites disappear after a few year.

Talking of years I have seen faucets go down every week when Google Adsense was banning them. This site has been up for like 4 years now and has been developing ever since.

New features are added everyday and the support from the admins is definitely worth noting - which is often not the case for scammy faucets.
9776  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: January 26, 2017, 07:43:45 PM
I think there is no secret in generating bitcoin, all things are revealed here, faucet, mining, the signature campaign, giveaway, gambling, trading, until a bad way such as ponzi schemes, HYIP and more. Please select the way that you think is very good and you like.

Faucets ptc are worthless since they waste your time when you can do much more fruitful things in that time. Mining is good for them where electricity and other costs are cheap.

Signature campaigns are a good way to make some extra cash from this forum but no campaign gives 0.1/week FYI.

Gambling is the least possible thing - most newbies lose more than they win.

Trading is one thing that is worth it, buying coins and holding them. Or you can do daily trading as well.
9777  Economy / Economics / Re: Which one is good, trading or investing? on: January 26, 2017, 07:40:32 PM
I believe both are good.

They are just actually the same. That's why for me they are both good too. So if there are people who prefer to do trading, then they are already into investing. And if there are others who are saying that it is better to invest, then they number pick in bitcoin investment is trading of alt coins, also buying and selling of bitcoins is trading.

In fact trading is a type of investment on its own. This is because we need to put our money into something in order to generate more money. basically we are investing the money into some commodity (like bitcoin or any altcoin) and hoping to get profit from it.

So in a sense they are actually the same only difference is the time of exposure - trading in short term give high returns with high risks and investments are generally long term
9778  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: January 25, 2017, 12:52:46 PM
Stick with Bitcoin if you plan keeping it for long time. With so many altcoins on the market there is no hope for all of them, so you would have to chose some. And how to chose? It all comes down to luck, will it grow all fall. Alts are good for gambling, for any serious investment on long period I suggest BTC.

You can also make a lot of money from the altcoin market - people are mining altcoins and selling them as soon as prices rise - this is known as pump and dump. If you can get into it early you can make a proper profit since these altcoins dont last for long.

As far as gambling is concerned, I am a very unlucky person and never like to depend on my luck for earning money rather prefer to work hard to earning so I cant suggest anything for that.
9779  Economy / Economics / Re: Is it better to save money or invest it? on: January 25, 2017, 12:47:34 PM
Ofcourse invest it for example : if you invest your money into bitcoin when 2014 then you already gain profit up to 3x ( when the value reach $ 1000++ )

If you just save it, you can get much profit like invest can got !

True that we have seen people who had bought bitcoin around 200$/btc are making profit by selling today. All because the crypto market is very volatile and worth trading in.

However we must also remember that prices can fall anytime as well - hence it is not recommended for the panicky traders who get heart problems when prices fall by one unit.
9780  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: January 24, 2017, 12:12:32 PM
a few days the price of bitcoin is high fluctuation
but it seems dump is already over. it is time to buy btc and holding for a long time
its a good way to make a lot of money.

People have been holding coins all the while to sell when prices rise and touch the moon. Happened near the end of 2016 when prices touched 1200$ I am sure many people did sell their coins and made profits. Now when prices drop you should buy some coins and hold them again till prices rise. The pump and dump will happen and will continue but still then proper trading can be good for earning a lot of money.
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