Bitcoin Forum
June 23, 2024, 03:42:52 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 [492] 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 »
9821  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,
9822  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.
9823  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.
9824  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.
9825  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.
9826  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.
9827  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.
9828  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.
9829  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.
9830  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: January 13, 2017, 01:47:11 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.
9831  Economy / Gambling discussion / Re: Worst mistake in gambling on: January 13, 2017, 01:45:07 PM
What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do.  Roll Eyes
my mistake , i know gambling can get more profit but i do not play it because i do not know to play it

The worst mistake in gambling is thinking that you can get more profit and ending up gambling more and more. This does not lead to more profit but rather more losses. Because that is how the games are designed to function - make the player addicted to it and then slowly drain off their balance if they keep playing. Only if you cash out early while still on a green streak can you make some profit. After that dont gamble any more.
9832  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the classroom, yes or no and why? on: January 11, 2017, 02:51:14 PM
Dont really understand the motif behind such a venture.

If bitcoin is used as an example, maybe to make it popular among children in this manner, then I am not supporting this issue.

Teaching should be generalized and should be taught with the motive of teaching the subject and not the example. Also children should be taught to learn the subjects more properly before they actually transact. Considering earning bitcoin is easy these days for kids, this can lead to bad addiction of children to worthless faucets and bitcoin gambling, which is totally unacceptable.
9833  Local / India / Re: New to bitcoin concept on: January 11, 2017, 02:34:47 PM
Faucets are sites that gives you free bitcoin or Altcoin just for visiting their sites but these payments are peanuts but you can try bitcoin and Altcoin faucets to get some coins
Thank you.

Do you mean sites like Moon Bitcoin for bitcoin faucets?

Yes but to be honest, these sites are just a pure waste of time. Many of them run dry, some turn out to be scammers and most importantly you are getting back very less compared to the amount of time you invest into collecting.

Better to trade bitcoin and altcoin, Once you get a good rank in the forum you can enroll in signature campaigns as well. These are better sources of side-earnings.
9834  Economy / Gambling discussion / Re: What is your gambling strategy on: January 10, 2017, 03:39:11 PM
My gambling strategy in Hocky games is that i pick couple of top teams or weaker one and bet on the top teams to win and on the weaker one to lose and i chose NHL because odds in those games always high and if lost the bet i bet on the same team for the next game with doubling the amount sometimes jusrtthe same amount depends on their situation and opponent's.

I honestly do not even have a strategy because of the fact its not needed at all, with gambling its based on luck and not on a strategy in my eyes.

True that for casino games, not so for sportsbetting and poker.

Casino games totally depend on your luck and not strategy. However for sports betting your analysis and research on teams and players can often prove useful and give you the edge.

However I must admit that many games are fixed and used to manipulate gamblers into losing money. All you can do about them is to keep stron nerves and have faith in your predictions.
9835  Economy / Gambling discussion / Re: Who can tell that when our luck come to us? on: January 10, 2017, 03:36:25 PM
No one can tell this in my eyes that is impossible without any doubts, its something that is not possible to know if you are asking me...

You can never think that luck will come to you at this moment - simple put because its very slippery in nature. Luck has the habit of slipping past your hands every now and then.

Rather than depending upon luck, hard work and skilled labour is what is more important to earn money. I never consider luck to be my friend since I am a very unlucky person. Even then I earn from my hard work and never go out to gamble even a single penny.
9836  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: January 10, 2017, 03:24:57 PM
I decided to accept and add bitcoin as a mode of payment in my freelancing. Its very rewarding as its rate might go high in the Long run Smiley

Good job, and yes the prices are bound to rise. So any new trader of bitcoin is always a profit maker.

We need more payment modes in bitcoin. Once they become popular more people will flock into bitcoin market and the prices will gradually rise.

overall its a good investment because its fluctuations in price help traders make loads of money from the market as well as it is more convenient than fiat in transactions.
9837  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: January 10, 2017, 03:22:03 PM
I don't get why you would want to consider gambling as a sickness. There is no logic to it. Gambling addiction, that is what you should look at not gambling itself. When you gamble you are not considered as an addict to it yet. A single bet should not be judged by anyone. Some people just randomly want to bet on something.

When people get too much addicted to something they tend to consider it as a sickness just like the OP of this thread. I think "sick" here means bad according to OP, and that has to do with people losing too much and becoming beggars - this business of casinos is a sick way of making money for the owners.

Otherwise its just a mental problem to get addicted and not get interested in anything else. People who gamble like addicts surely seem sick mentally to me.
9838  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: January 09, 2017, 02:31:18 PM
The secret is hard work.

If you don't put in any work then obviously ou are not going to get anything along the lines of 0.1 BTC per week. Your best bet is to get a job, probably part time, in real life. 0.1 BTC a week isn't that much at all.

If you live in a country where labour is cheap, then i suggest you work online as a freelancer. You'll generally be paid better rates.

.1 BTC is big, hard work in real life + hard work in online jobs could give you that amount when you are living in place like where I live, and you cannot do both at the same time, so if you finish your day job, for sure you can't earn much in online job or vice versa.

You can't accommodate both, you will fall short in time, and if you push on doing it both, probably you'll have a problem in one of those, and might affect the quality of your work.

No 0.1btc is not hard and I double dare you. If you think that making money is easy and you can easily make money by working around this forum then of course 0.1btc is a long way to go. But my college internship pays us money every month about 0.5 btc in local currency for work. Thats approx 0.125 every week. Once we get to work we will be making loads more.

The reason why such threads gain popularity is that people here are greedy and looking for easy money. No one wants to work out the old skool ways of studying, skills, hard work and tough labour to get cash worth your blood turned into sweat. Smiley
9839  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: January 09, 2017, 02:24:16 PM
of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase.

On the other hand daily trading is also useful as long as you keep eyes on the market and have some proper skills. All you need to do is buy at low price and then sell at high price, but make sure to get target prices since you never know how much really prices will fall or rise.
9840  Economy / Gambling discussion / Re: Everyone looses in the long run on: January 09, 2017, 02:13:42 PM
I think 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.

The important thing in gambling is to keep it in the "fun" limits - play with the faucet, tips for players and never get greedy. But the problem is people get jealous of other people winning big amounts and frustrated when they start losing.

Again there is the greed of winning jackpots - this is dangerous as the addiction and losses associated with it come from these negative feelings.

All this forces the player to play more and more and they end up losing everything.
Pages: « 1 ... 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 [492] 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!