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981  Economy / Economics / Re: Negative interest rates continue: German bank first nonstate borrower <0% bond on: April 30, 2016, 10:11:31 AM
It might make a chaos if all users decided to withdraw their money from bank and that bank use fractional-banking system Roll Eyes
There's no problem if they don't get interest, but to take their money is too much. It can be categorized as stealing.

i'm not even holding anything in the bank, all in bitcoin, minus some dumping here and there to buy stuff that you can not find with bitcoin yet

they can go bankrupt for all i care, more bank going down, more possibility for bitcoin to shine

It is good that you are almost all in bitcoin. I would like to, but I am not so brave. Only small proportion of my wealth is in bitcoin.

That was the way with me too. But with bitcoin appreciating in price and my bitcoin stack slowly going up, it has become a sizable contributor of my wealth.
982  Economy / Economics / Re: Is the government manipulating gold and silver prices? on: April 30, 2016, 10:04:18 AM
Mike Maloney on Youtube has made the point that the price of physical gold and silver is kept low intentionally by the government and traders using leverage on their investments. Is this the case with the current gold and silver market, or is this just bull?

The entire modern world system is based on suppressing the price of gold and silver.  Under the centuries of gold and silver standards, the central banks sold gold and silver freely at a fixed paper currency price, so the precious metals always earned an interest of 0%.

Since 1971, *supposedly*, we are on totally fiat money.  But think, how could the elites possibly allow a free market for gold and silver when they couldn't have it for over 350 years before that?

So, suppression simply went underground, and any devaluation of currency against gold (when the elites could no longer help it) is done on a rolling basis and less embarrassing to the elites.

Countries will be happy to devalue their currencies, so that their exports become more compeititive. All this competitive quantitative easing and negative interest rates indicate that.
983  Economy / Economics / Re: How would you double $100,000 safely? on: April 30, 2016, 07:19:41 AM
There are several investment plans provided by the banking sector. User can try with that, but to get doubled at least a minimum of 5 years is needed.

5 years is too less a time, if you want to limit the amount of risk you are taking.
My advice to the OP is to park his money in investment grade bonds and forget about doubling the money.
984  Economy / Gambling discussion / Re: IPL(Indian Premium Leauge) t20 Discussion & Prediction on: April 30, 2016, 02:50:31 AM
Sunrisers Hyderabad Vs RCB - RCB has don worst performance so for in this series, they got a plenty of good batsman but still they are not able to win the matches. Today Hyderabad team can try to go up in the points table.

Given RCB's star power, I presume they will click some time during this series. Today might be a good time to bet on RCB. Sunrisers Hyderabad have not looked very strong in this tournament, but still have a 50-50 win loss record in this tournament.
985  Economy / Economics / Re: How too get rich on: April 30, 2016, 02:47:15 AM
There is no shortcut to success. If you want to get rich you need to work hard for it by getting a real job and paid by fiat money. And then you could go into investment like trading, if you have skills on trading then surely you'll become rich.

It doesn't really matter how you get paid. You have a job and get paid in bitcoins or in fiat.
In the end, money is money.
986  Economy / Economics / Re: Why do you buy Bitcoins? on: April 30, 2016, 02:45:55 AM
all. after I realized how cool bitcoin, I wanted to buy everything with bitcoin, does not it look cool? I wanted to buy a house and a nice car by using bitcoin, I just hope the price goes up so that I can realize it

Buying enough bitcoins to buy a house will involve a lot of money. It used to look cool, but the novelty factor has now worn off.
But yes, when a Tesla was bought using bitcoins, it did make news.
987  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: April 28, 2016, 04:39:06 PM
the price at the time this thread is created was around $245 and till now people advice others to buy and hold. you should have done that when the price was below $250 back then. right now is just an okay moment to buy for medium term holders. and good for long term holders. but people always tend to wait too long with buying, and it shows. if you bought when this thread is created you would have around $200 profit per coin right now!


The problem is the volatility. The price can drop sharply at any moment.
However, I don't think we will be reaching $250 soon.
For every person who regrets not buying at $200, there are more who regret buying at $600.
988  Economy / Economics / Re: Loans too risky? on: April 28, 2016, 04:35:48 PM
Loans are risky if you don't have something to collateral particular accounts here in forum. Better to avoid loans or if you want to loan. Loan what you can afford to pay.
Yes, I do not like to get loans here unless my loan is equal to what I payback and there is no interest and also loaner is trusted.

Why should the 'loaner' be trusted, unless you place some collateral with him.
Even in that case, escrows can be easily found. So you should be comfortable even taking loans from newbies.
989  Economy / Gambling discussion / Re: IPL(Indian Premium Leauge) t20 Discussion & Prediction on: April 28, 2016, 04:34:05 PM
Kolkata Knight Riders has set the good target of 175 runs, it would be tough to Mumbai Indians to chase this huge target but no doubt bowlers did nice job and have helped them to keep it 20 runs less from what Kolkata looked like posting at one stage, now it is all up to on batsmen how they will build their inning there and make this possible for Mumbai Indians to win this match, i have my bet on 6 overs total runs 50 or more @2.10

They need to get 50 runs in the first 6 overs if they want to chase this down. Parthiv Patel is out without scoring too much, but Mumbai Indians now have 2 stroke makers in the middle.
990  Economy / Economics / Re: Why have Bitcoin instead of cash? on: April 25, 2016, 05:26:37 PM
With Bitcoin you can make more Bitcoin wich can lead to more money. You are able to pay with Bitcoin at some online websites this gives Bitcoin another point. Also you can transfer Bitcoin to someone else very easy and fast.

How can you make more Bitcoin with Bitcoin?
You can also earn more fiat using fiat (interest in a bank). You don't have that option with Bitcoin.
991  Economy / Speculation / Re: Will bitcoin go back to bellow $400? on: April 25, 2016, 05:24:58 PM
Actually my thinking is telling me bitcoins price is increase more because of halving, it is coming and it is profitable way, mostly people use the halving and in that reason people want more bitcoins and they are buying now and it is behind the reason bitcoin's price will be increased.

It is a self-fulfilling prophecy. More people buy bitcoins because they think the price will increase. Because of people buying, the price increases. This results in more people getting convinced about the potential.
992  Economy / Gambling discussion / Re: IPL(Indian Premium Leauge) t20 Discussion & Prediction on: April 25, 2016, 05:23:29 PM
Almost 11 an over required but the Punjab's senior players have the ability to chase it down.
The form they are having it's unlikely to chase Tongue   but no one can predict about cricket.

As long as Maxwell is there, Punjab have a chance.
2 runs a ball is not difficult if Maxwell gets going. Plus they have wickets in hand.
993  Economy / Gambling discussion / Re: IPL(Indian Premium Leauge) t20 Discussion & Prediction on: April 21, 2016, 02:22:52 PM
Gujarat Lions doing wonderful with 3 constitutive win into first 3 matches and their moral is really high at the moment and on other side Sunrisers Hyderabad not consistent into their opening matches so as per statics of recent performance Gujarat Lions has edge for this game.

I agree that Gujarat Lions will be the favourites for this match. Since they are batting first, they will be looking to put a huge score on the board and bat Sunrisers out of the match. Captain Raina has led the Lions confidently this series.
994  Economy / Economics / Re: The Halvening on: April 21, 2016, 02:19:44 PM
I had a dream, a dream in a world where bitcoin its in everyday use, where people full of greed accumulates and holds Bitcoins like precious metals waiting for THE HALVENING.

A world wide tradition that happens every four years and can turn the poor into rich and the rich into poor

That's what will make Bitcoin to success, GREED

Greed drives the capitalistic world.
There is another factor which might lead to Bitcoin's failure - fear.
Which one of these factors will prevail, we have to wait and watch.
995  Economy / Economics / Re: Why better tech can't kill Bitcoin on: April 21, 2016, 02:16:24 PM
This 'collectible' has a lot of practical uses.
That in itself sets bitcoins apart from sports cards.
Of course, I agree that all the alts have no hope of replacing bitcoin.
996  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: April 17, 2016, 02:52:56 PM
Another problem with Bitcoin is that is is really too rare to replace the dollar. With a little less than 15.5 million BTC and a little over 7.1 billion people, that only leaves an average of about .0022 per person. There would be a lot of micro transactions having to be processed by the BTC network. The BTC network is already bogged down. Can you imagine the problems the network would have if it's traffic increased like a million fold? It would probably take weeks to get the 1st confirmation, if someone bought something small, like a candy bar.
Also, there would eventually be a lot of microinputs that would have sizes so large, they may never get processed.

I am fully agree with you and also if bitcoin will replace dollar what will change? The name of currency or what? Goverment will make some stuff with bitcoin and everything will become like in past times.

Even I but. Dollar is very popular currency I mean it is widely used and everyone knows about it and used it it somehow, when Biticoin replace it I think it is possible through time, maybe decades from now we'll use biticoin instead of the dollar.

The dollar is widely used, but the reason why it is the dominant currency is because it has the faith of multiple governments and trade is conducted in it. Bitcoin still has some distance to go before governments start trusting it.
997  Economy / Services / Re: [Open] Writer Required on Bitcoin topics on: April 17, 2016, 02:48:33 PM


I am looking for only Newbie/Jr Member/Member  who have little knowledge about bitcoins


I am Hiring few Writers for This Job.

Just PM me, if you are interested.


Important Note:  I only need 2 people  to start with. So i will lock this thread once i get the required persons.

Thanks


Why specify the rank of the people required?
Specify the pay and you will get people accordingly.
More details on what you need them to write on, how many words/article, etc would be helpful.
998  Economy / Economics / Re: Stock and commodities exchanges investigating in Blockchain tech on: April 17, 2016, 02:43:03 PM
Nasdaq should probably be at the top of the list.
They have tested securities settlement using blockchain tech in the private securities market and should be looking at extending it to the public securities market soon.
999  Economy / Services / Re: btc for article writing on: April 16, 2016, 09:20:40 AM
can anyone tell me some sites where I can earn bitcoin for writing articles or reviews for sites...I am really good in this

You just have to look around the services section.

Here is one user paying $2/ article.
https://bitcointalk.org/index.php?topic=1436588.0

Here is somebody looking for a writer and willing to pay upto 1.5BTC/month.
https://bitcointalk.org/index.php?topic=1398110.0



Paying only 2$ for article? That is really cheap and not worth the effort. The other offer seems much more fair.

Even at $2/article, you will find people who are ready to take it up.
It really depends only on the cost of living of the person concerned. $2 might be sizable for some people. You write 10 articles a day and you are done.
1000  Economy / Gambling discussion / Re: IPL(Indian Premium Leauge) t20 Discussion & Prediction on: April 16, 2016, 09:17:10 AM
Sunrisers Hyderabad vs Kolkata Knight Riders odd is same without any difference.After two starting matches lost Hyderabad needs once victory but it is under pressure.Kolkata will take advantage of this loose performance and will win its second match.It will not easy but will win in the end.

I am surprised. I would have thought Kolkatta would have been favourites in this one.
Plus Hyderabad have a lot of injury worries.
It might make sense to make a slightly large bet on Kolkatta in this one.
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