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9801  Economy / Gambling discussion / Re: Why is gambling so addicting? on: January 18, 2017, 03:19:48 PM
The thrill of winning is very addictive. Like an adrenaline rush.

An the sadness of losing is equally frustrating.

But the difference is that losing gambling is even more addicting than winning it. Its all our greed that makes us do it. We need to control the greed to save ourselves. If we dont we will become addicted to gambling just to win our money back from the amount we lost and this will lead to even more losses.
9802  Economy / Economics / Re: Passive Income on: January 17, 2017, 03:52:02 PM
the most important for website is traffic, the bigger traffic we can get then we have a good chance to get more buyer and its mean we can sell our product to more customer. if the website is getting big traffic without doing any promotion and the website can selling the product without having stop, then i think the owner is getting passive income from month by month.
Indeed, the more the traffic the more website owners gets ads and the more they get profit, in fact this what all of the faucet owners do, they attract people to their faucets which are loaded with ads that gives them much far profit compared to the amount of satoshis that give. It is a great way to get passive income for those who know how.

Faucets are just filled with scum grade traffic mostly from Russia and Ukraine and other tier-3,4 countries mainly. Most of them dont even pay for long since the ad revenue cant keep up with the increased number of scammer and cheaters and bots draining the faucets.

Running a faucet in these days is very tough from simply ads so the owners implement other methods to get cash back.

As a passive income - running a faucet is probably the worst method.
9803  Economy / Economics / Re: Do you Still believe in Fiat? on: January 17, 2017, 03:46:56 PM
Well for my opinion I still believe in Fiat I mean we have a proof that it works in our daily lives in every transaction that we made day by day,
And I think that cryptography currency can't replace it just because it is so popular this day's.
Yes all of us here believes in fiat because we can use it ij our daily lives but what if bitcoins will be recognized by your government? Will you still belive in fiat?

Of course I will. Just because bitcoin is accepted by my country people does not mean it is the only possible method of transaction. Fiat has been used since ages and people are always accustomed to use it. Many people in my country are illiterate and dont use proper internet and smartphones. How can you expect them to use bitcoin unless they are willing to accept it?

Moreover people trust physical cash and not some cybercoin, so first impression of bitcoin to them is that its some scam attempt - so they always prefer fiat.
9804  Economy / Economics / Re: Which one is good, trading or investing? on: January 17, 2017, 03:43:15 PM
In my case, trading is good, as I like to see quick returns, so on weekends I sit in a chair with my laptop in my hands and do some trading on altcoin exchanges.

Trading on altcoin exchanges is extremely risky. I agree its very profitable as well. Once you get the hang of it you can make some good amount of profit from it.

Again investing is different as physical investments are going to be less scammy - though not always true. But many online investments are actually scam ponzi MLM schemes. So I prefer trading than investing.
9805  Economy / Gambling discussion / Re: Why is gambling so addicting? on: January 17, 2017, 03:40:21 PM
Becouse when you just try it out with small amounts, you see that you can multiple your money in minutes. So you try it in big, then you just want more. You can't stop, you loose. After that, you try to rewin your losses... Smiley
Agree, thats why its addicting because we are eager to get back what we lose and so its hard to control yourself for not playing again. in my case i became addicted because it gave me fun and excitement especially if you experience how to win. but that was before good thing i can control myself now.

I think the fact that we can win back our losses makes us addicted to gambling. Because its the greed that plays and we are never ready to walk away with a loss, after all it is our hard-earned money.

Again the fun and excitement associated with gambling is a major factor to make the player gamble more and more.

Also many casinos put up tempting advertisements and welcome bonuses - which actually are things to get you addicted and in the long run the casino will actually earn the bonuses and more money from you if you keep on playing.
9806  Economy / Economics / Re: Should I believe in Bitcoin ? on: January 17, 2017, 03:36:15 PM
When you are afraid then dont buy anything, or only dont buy with money that you can loose.

I can bet that in 10 years you will be very mad that you dont buy it, but that desicion only you can choose.

I do regret not knowing of bitcoin seven years ago and buying heaps of it. Only to sell it at the current price and make huge profit. It is true that prices are going to increase in future for sure. However the prices may drop for transient phases and hence it is not recommended for panicky traders who cant keep their cool when prices drop/rise.

Believing in bitcoin can help you in making a side-income from the trading associated and the ease of transactions.
9807  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: January 16, 2017, 04:00:22 PM
since you are member here you can join into signature campaign to earn extra bitcoin. After earning some extra bitcoin try to learn trading after trading or gaining a profit from trading , Learn about ico where you can invest your profit and earn more from them..
most users use the signature campaign for their additional income. may earn a max of about 0.04 BTC this method, you could try it, if it is less you can add some more methods dude

Most users here are simply shitposting. Period

Get a job and more importantly get a life. Study, Skill and work hard to earn, make every drop of your sweat count and "Earn" you money - be it fiat or bitcoin.

There is no "Secret" to earn any amount of money in this world. To get something you need to do something. No one is going to just throw 0.1btc at your face without taking anything back from your.
9808  Economy / Economics / Re: Should I believe in Bitcoin ? on: January 16, 2017, 03:55:17 PM
I think we should really believe in bitcoin specially that its price keeps on getting high,
And also a lot of people have some daily earning because of this crypto currency

Thats correct if you think of prices and the profits based on trading. Most of us are more interested in the price and when to sell/buy. Daily earnings can come from trading bitcoin/fiat or altcoin.

Believing in bitcoin is like accepting bitcoin to be the only sources of money. This will not happen anytime soon since 99% of us are using fiat and are comfortable with it.
9809  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: January 16, 2017, 03:50:56 PM
you should buy the bitcoins now as the price of bitcoins have lower down as because of the crash .you should wait for the bitcoins to go high ,like 10 years .you will end up  having a lot of profit .

Those who did buy at 2009 are making loads of profits today if they sell their coins. Its important to analyse the current market and if one does that in a proper manner they can see that buying and holding the coins for several years is profitable. Daily trading is also good since price fluctuation are good and more so in the altcoin market.

When price crashes definitely buy some more coins and hold them.
9810  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: January 15, 2017, 09:26:00 AM
We can encourage them by let them experiment with it, let them test it and than they will soon or later gonna sue it for sure.
No it's not right to let them experiment because businessman have no ide what bitcoins are but you can explain them instead of let them experiment they also need a basic explaination.

And who is going to pay them remittance or bear the jail when the experiment turns to a scam one?

Many people have organised such scam events in order to make people buy bitcoins for them and then they ran away with their money. Even the sales organizers were not aware that it was a scam and got beaten up by the public.

Organizing a mass advertisement campaign for local businesses is not an easy job. You have to make them accept it.
9811  Economy / Economics / Re: Is it better to save money or invest it? on: January 15, 2017, 09:22:23 AM
Better to invest it. You could try investing in casino sites it is more slow but surely profitable,investing in gold is a good investment also but don't try investing in hyip sites
Sorry, I disagree with you. For me gambling is the fastest way to lose money because only few people can be the winner and most of people is lose their money.  I think the chance to win the game is really small. I hope you calculate your income from gambling, are you really get profit or lose money. I think saving bitcoin in long term is good investment but the best way is trading.

You did not understand what that post meant. They were talking about casino bankroll investment and not gambling their money.

Casino gambling is a sure loss in the long run. There is no doubt in it. But investing in the casino bankroll is a totally different thing. In this case you are investing money to add to the total bankroll of the casino - which is the House and due to house edge, when people lose you are winning a shre of money proportional to the share of bankroll that you have.

Indeed casino bankroll investment is worth it and this is totally opposite of gambling at casinos.
9812  Economy / Gambling discussion / Re: Everyone looses in the long run on: January 15, 2017, 09:18:45 AM
No. There is a certain percentage out there who play skill-based games like poker or sports betting with +EV and win in the long run. Did you ever hear about poker pros winning $ million?

Gambling in casino games is bound to be a loss if they keep playing since the house edge will kill them in the long run. In sports betting people people can win a lot based on the analysis and the matches being fixed.

In poker its another story as PVP games are depend on your skill and more skillful you are you have better chances to win.
However common gambling for people is to play so casino games which is indeed a loss every-time,
9813  Economy / Economics / Re: Do you Still believe in Fiat? on: January 15, 2017, 09:13:05 AM
Yes, and we have to use fiat in any way. And it doesn't mean we really trust it as the value constantly decline due to inflation.

Probably, it is not always about trust, maybe a person does not trust fiat at all, what can he do? Does he have any options? Ofcourse not. Because fiat is the only way to live right now, we have bitcoins but we do not have places to spend them, of course we believe bitcoin more than fiat but we are compel to spend fiat because bitcoin is not accepted anywhere.

On the other hand what if the person does not accept bitcoin or find it trustworthy? Most people in our country are below the poverty line and are fighting for money - they want cash and physical cash let alone digital currency, they dont even use internet properly.

Again the elite class people here do use bitcoin for trading purpose. But there cannot be any compromise. I dont see any difference between the current economy or the bitcoin economy in such countries. Fiat will prevail even if bitcoin become popular here.
9814  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: January 14, 2017, 01:36:16 PM
If bitcoin fell under 100 usd dollars then yes, price would matter if you have purchased it at the current price it is today. There are more variables though in which to look at bitcoin, other than the price, which are usability and market cap, plus technical potential. I am more concerned as to how many people are utilizing bitcoin rather than just the price.

However the price really matters because that is what the traders are after. I agree that acceptance is important aspect but we must remember that the huge acceptance of bitcoin only raises the prices even more due to more more people buying bitcoin.

In fact the only reason people buy bitcoin these days is to trade bitcoin, altcoin vs bitcoin and so on. People spend fiat t buy bitcoin just to trade, SO the price is the only factor important here.
9815  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: January 14, 2017, 01:23:41 PM
If we are smart, we won't gamble at all.
And we are just to dumb to realize that. LoL

Well our dumbness, greed and stubbornness and the thought that losing at the casino hurts self-esteem are the psychological things that casino owners try to manipulate so that people get addicted to gambling.

"Smart people dont gamble", not totally correct. Some people do play for fun. However most people play to earn easy money and they are the majority.
9816  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: January 14, 2017, 01:18:17 PM
If Bitcoin will also grow rapidly as it did in 2016, it is likely that in a few years it will be used everywhere.

I agree to that. More and more people are liking the advantages bitcoin has over traditional fiat currency and are accepting it on their business. Moreover many poor countries have been using it and less of fiat. However it does need more acceptance and spreading.

Once the acceptance grows the prices are bound to increase and then traders can happily trade of large volumes as well.
Yes, more people will liking bitcoin. Internet service is really needed in this century. So many business and services are using internet. I am sure that internet usage will be more often. I am sure that bitcoin will get more mass adoption in 2022. Japan will release 5g internet technology soon. I am sure that it will make bitcoin transaction faster than now, so no more complaint about slow transaction of bitcoin. I think bitcoin do not have problem in 2022.

It will be like by many people but let's be realistic with it, though bitcoin will increase its user for this 2017. I don't bet that it will make all the nation and people use it on 2022. Because the world is too wide and we can't guarantee that all the places have internet connection and does have a knowledge with bitcoin.
If the time will come bitcoin will be used by anyone, I do not know anymore how this world would look like. The whole government system will be change because we will be living in decentralized world and everyone has the power to do what he like without restrictions. Does peace still be in that time?

The world will be probably on a fast pace because of this technology of bitcoin every transactions will be automated and our lives will be easier. Don't worry about peace by that time, if we are seeing that everyone is using bitcoin and everyone rumbles because of the crave to have bitcoins. We can just go at the top of the mountain and live there peacefully.

All we can do is wait and watch. The craze for bitcoin has always been increasing and so are prices. Maybe not everyone buy most of the people will learn and transact bitcoin in the next decade.

Not just tech-savvy people but less technical people as well will be using it. The shops and stores are accepting bitcoin and so people are bound to use it gradually.
9817  Economy / Economics / Re: Best way for steady income on: January 13, 2017, 02:03:54 PM
For now my income is from working, but once I know my bitcoin mining to try to buy 2 units S5, apart from that I also look for bitcoin with faucet, giveaway and signature campaign. I am grateful for the bitcoin make extra income.

The best income comes from own jobs or business.

Bitcoin mining is good for those where electricity and other costs are cheap and affordable and the ROI happens within feasible time.
Faucets are according to me waste of time considering the amount of time invested in them and the amount won. Giveaways are also worthless.

Signature campaigns are worth it if you are a good quality poster and have ranked up in the forum.

But still the best thing is trading which is risky but worth it.
9818  Economy / Gambling / Re: FreeBitco.in - Win free Bitcoins every hour! on: January 13, 2017, 01:56:53 PM
this is one of my love.
when u starting bitcoin, faucet is the first to reach u.

this hourly and no ads annoyed is nice.

 

I agree that faucets are a good way to increase your first few collection of coins. Its one of the oldest faucets out there and still pays on time with rewards.

However dont waste your time on faucets. Try to develop your skills and study and then get a proper job. If you have some skills you can offer them for services in the forum and get paid in bitcoin.
9819  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: January 13, 2017, 01:54:10 PM
Best way to gain more btc? For me you should do trading, buying some altcoins for low price and sell them in high price! Never use ponzi or you lose money Smiley

Best way is to buy some bitcoin. Period

Trading can only happen once you buy/earn some coins at first. After that you can always buy/sell more bitcoin. Trading in altcoin market is risky and worth making a profit from so be careful and dont invest more than what you can lose.

Ponzi and MLM schemes are proven scams since time immemorial. Never fall for them and also scam ICO projects.
9820  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: January 13, 2017, 01:50:30 PM
Value stability !
Most people will avoid risky investment , people will use currency that have stable value

Goverment support !
When goverment made bitcoin as legal currency , bitcoin usage will increase ( for public and for personal usage )

To be honest both of the above mentioned things are NEVER going to happen to bitcoin.

Value will not become stable simply because the sheer number of traders of bitcoin are too many and there is always the regular pumping and dumping occurring that makes prices volatile.

Governments are actually against bitcoin. Many country governments have already banned bitcoin. SImply because the banks help taxation which is a good source of income of the government. It is good but bitcoin being decentralized, there is no one to regulate taxes like that until some enforcing is done in the proper place.
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