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1  Economy / Gambling discussion / Re: Is Bitcoin the future of online gambling? on: March 19, 2017, 05:39:52 PM
Bitcoin is definitely a future of gambling as it give you an privacy to gamble without disclosing your identity and you don't have to share your personal details so its an blessing for people who are addicted to gambling.

And for people from a country that mark gambling as an illegal activity, bitcoin and other crypto currencies give a better solution for them. Hence, the numbers of people who will gamble using it can be significanly increased.

This is the main reason bitcoins are becoming so popular, and Bitcoin prices are going up as well. Bitcoins are becoming more and more popular in gambling and porn industries. Many countries don't allow both of them, but due to bitcoins, many people find ways to use these things more conveniently from home.

Porn and gambling industries are gonna huge in future due to bitcoins when more and more people will start knowing and using bitcoins and people have an addiction to both of this things and they will be willing to spend huge amount of money to satisfy themselves.
2  Economy / Speculation / Re: Sell your bitcoins within a month or two on: March 19, 2017, 05:36:26 PM
Surely,it will drop to around $800.But,it would be temporary.Very soon,bitcoin would recover.Its a good opportunity to buy more bitcoins for those who thought they were late to bitcoins.Big whales wont miss this opportunity.They would just spread such messages to create panic.Bitcoiners who were from the beginning will not take these seriously.
I agree with you though but let's wait and see if OP's prediction really will happen since I think he made the right call when he posted this but don't know what factor will cause it. Now we know that the factor that might cause it is BU but I don't think that it will last long. As he said it will go up again later this year so ill wait for that and wait for low prices like 600$ again to buy again but im gonna buy a little now too.

To fall to $600 price seems to be impossible now and if it goes down then also it will not go below $800 so don't wait for that low price to buy as that day may never come so if you have a plan to buy then buy it right now as price will be higher in future.
3  Economy / Speculation / Re: Sell or wait? on: March 19, 2017, 05:33:42 PM
I was actually thinking selling my btc around 1230s.
But I then remembered I am long in it and didnt sell.
Now I feel bit sad. I am still at good position, no money lost but could be good for me just more btc in 3 days.

If you were making profits at that price then you should have sold some of your coins at that price and could have bought again when price went below 1000 then you would be holding higher amount of coins.
4  Economy / Speculation / Re: Time to buy back up! (again) on: March 19, 2017, 05:31:00 PM
And were off to rise again

haha, it is $1050 again Cheesy
things are so weird these couple of days an i think they will continue being weird for the time being. we may very well see $1200 until tomorrow morning when i wake up Smiley
wait for the best mate, as we see that after falling to 3 digits now its back to 1051$ and as many of us believes that this would go back and rise up even more, we just  needed to wait and hold let those big bag holders to play and after that for sure we will earn from it.

Yeah its better to hold them for next couple of days and see where it reaches and as of now I think this would be a good time to buy bitcoins as price is relatively low and if price goes higher in next few days then it can give us good profits in quick time.
5  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: March 19, 2017, 05:27:17 PM
The benefits of saving for a long time is the future price increase and when you sell it you will gain profit. That profit you gain will be use for the investments you are planning to have for a long time.
yes saving bitcoin ofr a long time will really be a very very right decision, as the price of bitcoin s already trading at a high price and there are also chances of that the price fell down a little therefoer i think it will be a right decision to hold bitcoin for a long time.

If price goes even lower in coming days then we should try to buy more bitcoins and save them for future as that is the best way to make best profits in future as everyone is hoping to see a best price of bitcoins in near future so selling them at that time would be the best decision.
6  Economy / Economics / Re: The future of the paper money on: March 19, 2017, 05:24:41 PM
I like paper money. I like to feel the buying power in my hands :p Bitcoin makes me feel like a robot. I am not saying paper money is better tho.

I also like to feel paper money in my hands, not virtual ones. Virtual do not bring such pleasure, they can not be touched and sniffed.
although you say feel more comfortable to use paper money but if the store no longer accept paper money. what would you do ? I think the era inevitably change. and everyone should follow it
I think it would be better to have both, there are stores that accepts bitcoin but I'm sure they will accept fiat also but most of the stores only accepts fiat. That shows how popular and strong fiat is, it has the confidence of the majority and bitcoin will only remain being used by the minority of population in this world, having said that the future is paper money is still good and will continue to be popular.
Bitcoin is not accepted worldwide and even when you live in a country which supports Bitcoin, I doubt that you can find more than 10 stores accept Bitcoin in your area. Fiat is still the king and we have to use it for a long long time.
in my area as i do not know that there is single shop who are accepting bitcoin for shopping but still i am hopeful that very soon we will be able to use bitcoin as in our shops for shopping.

That is the problem we all are facing as none around us is aware about bitcoins and it will take long time for people to discover bitcoins and merchants will start accepting bitcoins as a mode of payment only if they find enough demand for it.
7  Economy / Economics / Re: how much do you earn with 25$ investment on: March 19, 2017, 05:21:03 PM
In 2013 January, you would have been able to purchase BTC2.5 with $25
In 2011 January, you would have been able to purchase BTC100 with $25
In 2010 January, you would have been able to purchase BTC2,500 with $25

Imagine the returns, had you invested $25 either in 2010 or 2011.  Grin
Though that sounds hilarious but actually that's the truth we all know yet ignore. The price has gone up only since the arrival of bitcoins to the market and for the obvious reason that more people means more demand and that means higher price.

It makes me feel very stubborn to say but actually right now also holding is the best way to earn money via bitcoins and yeah I am not saying the growth will be like as it was from 2011 to 2013.

Holding is safe in compare to investing and you can make profits depending on the price of bitcoin in future but to make enough profits from it you also manage to have enough number of bitcoins in your wallet and if you are holding lower amount then its better to try to grow them.
8  Economy / Economics / Re: panic selling on: March 19, 2017, 05:18:05 PM
I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.
What did you said? Well, it is wrong as bitcoin price hold on $1000 and become base floor for now.
It has started to increase again, even if it drops to $900, I consider it as normal fluctuate that could happen in this situation due to bitcoin disadvantage regarding consensus whether SegWit or BU. Moreover, we need a dip to buy more cheaper bitcoin and give chance for others to ride the bull.

The current dip has given us an opportunity to buy more coins at cheaper rate and people who will sell their coins right now will regret in future when they will see again rise in the price of bitcoins so this is not the time to sell but to buy more bitcoins.
9  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: March 19, 2017, 05:15:31 PM
If you are waiting for that price to buy bitcoins then you are surely wasting your time as bitcoin will never fall that low in near future there is a downfall in price at a moment but that doesn't mean it will keep in falling and the price will rise again as the time progresses.
10  Economy / Economics / Re: Best way for steady income on: March 19, 2017, 05:13:20 PM
I am getting steady income from signature campaign and full time job and I am very much satisfied with what I am earning as if I am short of cash at the end of the month then I have bitcoins in the form of back up to take care of my expenses but generally I don't prefer to sell them and save them for future.

Good to see that, you are in good signature campaign and you manage to have it all like posting while having a regular job and earn from it. But also be ready of the time that sig.campaign did not last for so long.

Exactly there is no guarantee that signature campaign will take care of us for a lifetime as it can fad away with time so we cannot depend only on it for earning bitcoins and we should also have plan b to earn them as multiple ways of earning will give you higher amount of bitcoins.
absolutely true. This method may not always going to continue to survive. we do not know what will happen in the future
therefore it would be better if you do not rely on one method alone

Always be ready with plan B in case if your plan A fails and its good to earn from signature campaign but you cannot solely depend on it for your expenses as there are chances that you may kicked out from campaign or else it may completely gets stopped.
11  Economy / Economics / Re: The dream of getting rich with bitcoins on: March 19, 2017, 05:09:52 PM
This is really an interesting question, I like it. Actually, I also had the intention to get rich from Bitcoin, first to know Bitcoin, I did not have this idea but since I realized the true value of Bitcoin I changed my mind. I have found every way to earn more Bitcoin, I am involved in investment projects but not effective. Then I switched to trading, trading altcoin types and working on forums. I find this way quite effective, I have earned more Bitcoin. However, the dream of getting rich is still quite distant because everything takes time, I need to act and do more Cheesy
It is possible but it will be hard. The days in which you can easily double or even triple your Money with Bitcoin are now over. Right now it has a slow movement above 1000$ comparing it to its movement below 1000$. It is trying to tell us that if the demand does not increase it won't move up to our expectations. We can easily find other investments that are rapidly growing such as in the stock market.

There are some people who has become rich by bitcoins. well it depends on our skill, knowledge and the way we plan for the btc which will make you reach. but one thing in general is you cannot become rich by just earning from one income you have to make sure you have other plan backed up which will give you another source of income.

Yeah you can never expect to become rich with bitcoins only by earning it as it will take long time to earn good amount of bitcoins and you can become rich only if you huge capital to invest in buying bitcoins then only you can think of getting rich with it.
12  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: March 19, 2017, 04:22:45 PM
Bitcoin gives freedom to people from traditional banking system where they keep on paying heavy transaction costs and even the interest paid by banks is too low and inflation will eat away all that money but if you have bitcoins in your wallet then the same amount of coins can give you higher amount of money in future when the price of bitcoin will start increasing so instead of saving money in banks its always good to save money in bitcoins.

Yup, that's one of the things that make the most of those who know the bitcoin use it. Because the currency is not the usual bitcoin or currencies that are used only to be Exchange in business transactions. So, even though right now it's still very little bitcoin users, but if in the future the bitcoin will definitely many who use it and give an advantage to those who keep it from now
 

Yeah bitcoin is still very new currency to many people and either they have not heard about it or they don't know how to make best use of it but they will start using it once bitcoin will be publicly accepted which will draw attention of many people towards it.
13  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: March 19, 2017, 04:18:40 PM
I heard about bitcoin not because I was surfing on the net, I heard about it by luck because one of my friends since a long time dealt with it and so one day, he showed me bitcoin and when I discovered it, I was so impressed and I immediately wanted to be in the adventure too. Since that day I try to spend time on this forum as much as I can.
in fact there are many people who hear bitcoin from their friends. if all bitcoin users to invite all or one of their friends to join using bitcoin. bitcoin adoption would be brought forward

But the problem here is that some people introduced Bitcoin wrongly.  They open introduced it as some sort of magic money LOL.  Where if a person rush into buying Bitcoin will make them rich.  Reason why other people look at Bitcoin as one ponzi scheme.
yes that is right those people who do not have knowledge about bitcoin they cannot explain bitcoin in a good way, in fact they do not know about the way how to introduce bitcin among  the people.

If you don't have good knowledge of bitcoins and if you don't have good convincing power then its better not to introduce them to people around you as if you mislead them by giving false information then it can create a negative image of bitcoins in the minds of people.
You are right these kind of people often come harmful for bitcoin rather than beneficial promoters. If they cannot explain well bitcoin because of lack of knowledge then they only have to suggest to them to study about bitcoin from internet.

To be able to provide an explanation against bitcoin then they too should be able to understand the bitcoin well, because without a good understanding of the explanation they gave would be useless or they just want to become someone who is boring. For those who just know something is definitely going to think negative first and once they understood well enough recently will understand about what we know or inform.
 
Yeah and if a person is interested in learning something new then he will make all efforts in learning after you introduced him to bitcoins and if a person is lazy then how many times you try to explain him he will always try to ignore you.
14  Bitcoin / Bitcoin Discussion / Re: What can i do with Bitcoin? on: March 19, 2017, 04:12:56 PM
People use bitcoin different ways. I have even heard a story one guy was telling, about buying drugs with bitcoin.
So the idea is people chose themselves how to use bitcoin. My biggest buying was a new smartphone that I bought the last year, now I am planning a trip to abroad, but unfortunately bitcoin fell this days and now I am planing to delay with this idea.
Well, I also think like that. each person has their own way to use bitcoin.pada the beginning, I always have fun with bitcoin. spend all my results. but, for the moment, I'm trying to make it into a real investment. Well, more precisely, at the moment I use it for business matters. you can do any type of business with bitcoin.

The best thing to do with bitcoin at a moment is to save them for future and if you spend them now then you will not get the benefits that you can get in future when price will be high so its better to save them and not spend them at a moment.
15  Bitcoin / Bitcoin Discussion / Re: Bitcoins Investment: risk or benefit? on: March 19, 2017, 04:10:23 PM
Bitcoin investment is both risks and benefit, it may risks because bitcoin price is fluctuating we cannot predict when it will dumped and until when its high. Bitcoin investment gives benefits to anyone who join for it really gives profitable because of its price is growing daily.

The final result will depend on how bitcoin performs in future there is always an risk of investing in bitcoin as future is unpredictable and if price starts to downfall then it will not give good results but if its price goes higher then it will benefit us in best possible ways.
16  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: March 19, 2017, 04:08:22 PM
I'm saving my bitcoin for future purpose. I'm getting serious with my life now so I don't have enough time for making fun of real money.

Though it's not that bad to have some good time with your coins for buying things out which you need and have fun with those things.

But right now, I'm more focused on my future.

Most of us is like what you are thinking, saving for the future since we can see that btc will have a good time soon and the value will be gonna soar high so saving will be fun after we see the very good value per btc.

Saving bitcoin for future is always an good decision as price will rise in future so we should keep on trying to save as many bitcoins as possible as price has gone down now and we won't find better time then this to buy some bitcoins at lower price.
17  Economy / Speculation / Re: What could make bitcoins price go up again? on: March 19, 2017, 04:06:10 PM
Some whales should collect more btc, then the price ll go up again
Just wait for BU to fail and within that,big whales would have finished their delicious dinner by buying huge amount of bitcoins at cheap price.Then bitcoin price will once again go high in rocket speed not to the moon,this time to the mars.

That's right big whales must have bought huge amount of coins by now so just relax and be patient and price will start recovering once again and now it will cross all barriers and will show us the price which is beyond our imagination.
18  Economy / Gambling discussion / Re: Is Bitcoin the future of online gambling? on: March 19, 2017, 12:57:19 AM
Bitcoin is definitely a future of gambling as it give you an privacy to gamble without disclosing your identity and you don't have to share your personal details so its an blessing for people who are addicted to gambling.

Yeah and if you want to gamble in real world then you need to be 18+ but in bitcoin there is no age limit and even kids can start gambling if they are aware about bitcoins and if they are holding bitcoins in their wallet and we will see massive growth in gambling industry in coming years.
Yes, I agree with that, mate.
Bitcoin make a gambler life is easy. I think you can start gambling without fearing of your documents or anything else to steal. It's just create a web wallet, which you can store your bitcoin there and just gamble, with cryptocurrency in top security.
I advice many people to gamble in directbet.eu, which you can placed bets without creating an account. It's easy to use.

Yeah directbet.eu is the most popular site when it comes to live betting on sports and the best thing is you don't have to create an account nor you have to make an initial deposit and they also have online casino where you can find multiple games to games to gamble.
19  Economy / Gambling / Re: FreeBitco.in - Win free Bitcoins every hour! on: March 19, 2017, 12:54:49 AM
hi is it lottery of FreeBitco.in legit or scam

me i think not legit

Even if it is legit, the chances of winning are abysmal. If you want to gamble, you are better off using a renowned dice site.
In last few months I have just one person who claim win in lottery and post here his transactions link but its not good enough as just one members in many months just because of this most of members believe its scam or not fair but all other things going ok for long time

Most of the bitcoin users know about this forum and they are running this lottery for many months already. That means we expect many people to claim the winner of the lottery by now on this forum. Also, many people have requested how they are picking up the winner but site owner never explained that clearly. It shows that they are not honest in picking up a winner.
Yeah and they will never disclose how they are selecting a winner and no one knows that actually they are paying to the winners or not and that is reason I don't waste my time on those sites as I am confident that I will never win.
20  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: March 18, 2017, 08:40:45 PM
honest, when prices rose bitcoin, very difficult to produce 0.1 BTC per day, even with trading. many are trying to switch from trading, to gambling, but mostly it just makes them less BTC. the only way to produce 0.1 BTC every week is to have a long-term investment in altcoin, or try to trade with the more powerful.
Actually as of now it is very hard to get 0.1 because of the high price of Bitcoin but if you confident to get that you do this. In trading have possible to earn 0.1 per week how? If you big capital in trading for sure you earn like that or more. For example you have 10-20 Bitcoin in trading and you buy 10-20 altcoin and very week those altcoin pump so you have profit and your target price will get. Big capital the profits is high if you have small capital your profit also low .

If you have 10 or 20 bitcoins to invest in altcoins then your profit ratio would be more then 0.1 as its a huge amount to invest and even a small fluctuation can give you huge profits but in reality not all can afford to invest that huge amount in trading.
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