Bitcoin may be the new era of currency but what hinders it from growing and spreading is its nature, being available only on the internet. Since most of the population around the world is in poverty, the government of each country must first address their economic needs in order to them to have access to such luxury. One example here is the continent of Africa (not to offend anyone) which has countries who do not have any access to the internet. The government must embrace its responsibility for their advancement and growth.

Nevertheless in other developed and developing countries, bitcoin's popularity is steadily increasing and growing through the years and its existence is being widespread to other networks, thus resulting to new investors and earners. Bitcoin is truly the new era of currency and the future it brings may be the push that everyone is looking for.

In my opinion, just by holding the bitcoin can earn you profit in the long run due to its nature being volatile. The prices of bitcoin today skyrocketed up to $3200 right now and comparing it to July 16, 2017, the price of bitcoins were only around $1930. Gambling on the other hand relies solely on LUCK and the chances of you winning/losing is 50%. It's either you lose all of your earnings or double up your coins. That decision is up to the person but I heavily discourage gambling because of its unreliability and risk in terms of winning.

I highly disagree with bitcoin being a downfall for the economy of one's country. Yes, it may be highly decentralized which results in volatility and inconsistency on its prices but the opportunities it opens to the everyone regardless of their social economic status may provide them enough earnings to sustain their expenses. The problem only lies on its nature being on the internet which hinders the marginalized sectors into accessing the database since of their incapacities.

Again, bitcoin alone CANNOT destroy the economy of a country but in fact, help the government because this increases the money supply in the market (if btc is converted to fiat) thus making it liquid. We can also compare this to overseas workers that the money they earn helps the economy of their home country by increasing the money supply in the country.

I agree that either of the two, it doesn't change the fact that they still take the risk of betting their own money whether it is for fun or for profit. But I see no wrong with people who gamble for as long as they know WHEN and HOW to stop from exhausting all of their resources before they unconsciously sell little-by-little their things just to recover their losses.

Another thing, the big difference between a person who gambles for FUN and for PROFIT is that they do not know their limitations because they see it as a source of enjoyment rather than an investment, which is more dangerous due to the potential of losing everything. Nevertheless, if it's their money then they have every right to spend it on what they want.

Last January 2017, the prices of bitcoins were around $1000 each and this month it already skyrocketed up to $2800. What is surprising is that even with the recent for that just happened a couple of days ago, the prices remain intact and it even increased. Even though last July 17 it went down to around $1900, the price always rises within time. Bitcoin is truly a blessing to all investors and earners but what comes to play is our decision making on WHEN and WHERE to invest it.

Similar to my situation, back in July 16, 2017 the prices of bitcoin suddenly dropped to $1950 and I converted like 0.7 of my btc to fiat because I was so nervous about the steadily decrease of its price. After a week, its price skyrocketed to around $2300 and this resulted to a loss in my part. I was so devastated at that time but it was a learning experience for me to wait patiently. In my conclusion, the prices of bitcoins really increase no matter how big it decreases in the future and to never panic sell again.

Well in my opinion, I really do think that the fork was just a conspiracy made by investors in order for the price of bitcoins to decrease. Though I do not have any evidences to support my claim, but almost everyone told me that I should sell all of my bitcoins or convert it to fiat. Let's say that most of the people before the fork sold their bitcoins, then the price of bitcoin will decrease, thus making this a perfect opportunity for investors.

Like what everyone told you in this post, do not waste your time into faucets since the pay is really low compared to other methods. I would suggest that you start building your journey here and try to look for a decent signature campaign for you to join in the future. But then again, this will be time consuming and you need to have dedication since your rank needs to be a jr. member to at least qualify. Lastly, change your mindset about earning btc in a fast way because there is no method that yields you btc in a short amount of time. If that was the case, then I guess everyone should be rich by now.

That is why I always remind my colleagues who are addicted in gambling that they need to learn WHEN and HOW to stop regardless of them winning/losing. That problem occurs when a person wins or loses a game and he/she wants to recover their earnings but in the end, they tend to exhaust everything. To be able to prevent this from happening, one must first set their limits on how many games they should play or a target profit/loss. Like what you said, this dilemma is common among gamblers who have been addicted in betting.

In my opinion, just buying bitcoins and waiting by the end of the year can yield you at least twice the investment that you made. If you are going to look at the charts, last January 2017 the prices of bitcoins were around $1000. In a matter of 6-7 months, the price of bitcoins has already skyrocketed to $2800 due to its increase in reputation. You can double your fiat by just investing and nothing else. But if you are in a rush, then I suggest trading as what you said since this is one of the most efficient way (other than joining signature campaigns) of doubling your money.

I remember my brother telling me that all of his winnings that he earned through gambling is called "dirty money" and it should be spend right away to avoid any regrets and crucial mistakes. He told me that once you win in a run, the tendency is for you to gamble your winnings again until you unconsciously lose it. The next phase is for you again to gamble your OWN money until you exhaust everything without winning again. That is the cycle of gambling since that business mainly focuses on luck and not on skill.

Well I do not see any problem with you demanding bitcoin as a payment since it is your service that you promote but you should also take in consideration that not all people know bitcoin. Even if your intent is for the widespread of bitcoin in the community, if the people around you does not accept the technological advancement of payment, then your mission may lead to failure. Then again, there are many ways in spreading the knowledge about bitcoin and this may not involve anything to do with payment or services.

Yes, it will not affect bitcoin's reputation but this will hinder the success of it growing on a international-scale due to the potential trading scheme of it. Remember that due to bitcoin's nature being decentralized, no one really controls the regulation and imposing of rules of bitcoins, thus making all trades and payments anonymous from one person to another. This poses a problem on the government on tracking monetary payment to terrorists and it is also possible for it being banned from different countries for security reasons.

A huge congratulations for you for your huge risk and luck in the fork that just happened. Well in my case, the changes that happened did not affect me at all since what I am only focused is the price of bitcoins increasing or decreasing. Luckily, the price of bitcoins even managed to increase during the fork and this opened the opportunity for me to invest. At the end of the day, it really boils down to our courage and luck on investing huge amount of money.

Actually, that is the right attitude when it comes to gambling, learning when and how to stop. I have some close friends who gambles on a daily basis and unfortunately, some of them ended up in jail. Gambling creates an illusion of people going-in and out of the casino due to the perception of winning. But when they start losing, that is the time when they exhaust all of the money that they should not be betting. In gambling, money may be everything but you also need to consider the effects of it long-term especially when you get addicted to it.

Bitcointalk username: qwertyup23
Rank: Member
Current post count: 192 (+1)
Bitcoin Address: 3BMD1MTeBBm1cJDfYYrMWKxt7YZHtHcwL3

Good day! I will change my signature and avatar once I get accepted to this campaign and I would love to work with you. Thank you and God bless!

Last January 2017, the price of bitcoin was around $1000~ and right now even with the fork, the price of bitcoin is roughly $2700. Not even one year has elapsed, the price of it almost tripled and I assume that by the end of 2017, the price may reach around $3000-3500. Now is really a good time to hold all bitcoins and not convert it to fiat (unless the need arises). Bitcoin's popularity is also growing steadily and this attracts more investors and people around the world on earning extra income. Hopefully by the end of 2017, more retailers are going to accept btc as payment for various merchandises and services.

To be honest, the fork that happened did not affect me anything at all. I was expecting for the price of BTC to drop but to my surprise, it even increased! The only thing that bothered me was the delay of payments made by my wallet since they closed all transactions for one day (to prevent any bugs, etc). Many people might hate me for this but I think that the fork that happened is only a conspiracy to let people panic sell their bitcoins, thus resulting to a lower price in the market. But this is again all speculation, no evidences and proof to support my claim.

Experience does matter but it is irrelevant if you think that it affects the chances of you winning. When you frequently gamble, you learn that winning and losing is part of the game. You both experience the extremes even though you gamble for a long time since it is based on luck. But like you said, the learning experiences that you gain is the realization of you stopping from gambling. People might think that experience does not affect anything at all but there will come a time that you will stop from gambling because of its long-term effects.

In terms of availability yes but overall, gold is still superior compared to bitcoin. Gold has been around since time immemorial and the value of it on the market covers almost every country's economy. The number of gold in each country determines their economic power and wealth. The reason on the value of gold is lower compared to bitcoin is due to its nature, being non-renewable and regulated by the government. But still, bitcoin remains the number one cryptocurrency out there and everyone who has internet access can actually earn some.